Once you save some money, a great transition into the business is by purchasing a small multifamily unit to be used as a primary residence.

Condo Ally: another solution with a pretty dated site design/UI, but a decent focus on day-day HOA management, from bulk member emails/postal letters, document storage, event calendar, resident directory, maintenance requests, member polling, financials, committees, vendors, and discussion forums.

The property is priced at 132500 has four units and im going with an FHA Primary residence on it living in APT 4 with 3.5% down.

Using the va loan you have to reside there for at least a year.

Oakland resident as well.

I currently have a rental that used to be a primary residence.

I purchase my 2nd primary residence and there was about 4yrs of back dues, granted they were only a fraction of what you are dealing with but they just forgave the balance on mine.

They are considering selling the home and when they started researching capital gains, realized that they would indeed paying them as the home has been a rental longer than it was a primary residence.

@Alexander FeliceSFR, especially if it is your primary residence are difficult decisions, and thus what I call emotional decisions.

Not the say the tenants don't use them as man caves and hangout spots.I am house hacking too, but on a more permanent basis.