I see house hacking as a way to continue to build my capital, allowing myself to purchase a second property faster.

It has also kept me in touch with local economic trends that look like they could evolve into new ways to capitalize on the properties I already own.  

I call it capital expenditures. $100 per door cash flow - sounds tough. 

I do not have much capital but I am eager to get into small Multifamily property investing with a long term goal of making passive income through cash flow.

But with technology today why not take advantage of opportunities in other markets that make more sense for your strategy, goals, available capital etc... 

Thinking about it is so far outside of most of our circles of competency, that at best, its a time suck, at worst, it leads to sub optimal decision making and capital loss.  

If we live in the home while fixing it up and sell, what percentage would we have to pay to SC for short term capital gain?

or can I sell after Aug 11th(one year later) and not have to pay the huge capital gain taxes?

However, it does not always make financial sense to empty and gut the building to carry out a deep retrofit (and even when it does, that initial whooshing roar of capital flying out of your bank account can be unsettling).As of late, we have been purchasing rather, to very, unloved buildings with plans to (eventually) perform deep retrofits on many of them {where the increase in the property performance will pay-back the investment in a relatively short period (say 3 - 6 years) versus the planned hold duration (i.e. 20yrs).   

I’m curious what others have drawn up with out of state investors who have only invested capital, and made it a win win partnership.