Your job is to find real numbers then go from there. 

Most guys on this site have a W2 job, so long-term control on a purchase money mortgage is a great play if the terms make sense.

It is interesting, it will add 25,000 jobs in New York and the Washington DC area.

Hey @Mike Chmielewski - This is a bit of a grey area, but realistically, if this is your first home, & within commutable distance to your employer, and you'd like to owner occupy it, that's a really straight forward transaction.People move for legitimate reasons quickly all the time - (Job location change, not comfortable in the area, opportunity to move into a single family, etc.)Happy to chat a bit further about this offline.

As I have a full time job I'm looking to become a silent partner in a larger investment.

So you have two options: Put down $45,000 for the privilege of spending $1,567 a month (base case scenario at $850 rent per unit), living in a worse part of town, and taking on a part time job as a landlord, or stay in your current rental for $1,050 a month.So, the question is, why are you even considering this?

Unfortunately, that means I don't sell every job since my recommendation is often to walk away from a deal that has been misrepresented, but I sleep well at night... hahaLet me know if you don't connect with anyone.

If you are interested in property management, I'd consider researching who is in your area https://www.narpm.org, so that maybe you could shoot them a job application, but if you already have a nice job, you should probably stick with that.

Also, consider your job security.

They then have another realization that “sweat equity” is actually hard and requires tools, time, and a know-how in order to do the job right.When you’re under contract you’ll come up with a scope of work and budget, submit it for approval to the lender, and you’ll be able to make draws once you’ve closed and started the project.