He has mainly been in SF but most recently talking about moving into Multifamily. 

I got the current owners (person who is selling me the property) blessing to post the house for rent right now with a move in date of August 1st if I wanted to. 

Don't just assume lowest downpayment, next house.

I invest mainly on appreciation.

Here are my five main takeaways from his book.Book title: Am I Being Too Subtle?

I was wondering if buying a long term rental property with tenants already in place in a market that is up 20% yoy is a good investement or not. the rough numbers ive been running seem to have a decent cap rate but the house is about 15k more than the zipcode average. 

I'm able to live for free in the main house with the STR income from the ADU How did you find this deal and how did you negotiate it?

Quote from @Joshua Lee: I've read about house hacking the BRRRR method, FHA loans, etc..

Rents in the area are anywhere from $1k-$1300 a month.My plan was to get a hard money loan to get it going and fixed up and ready for tenants, then within about 6-7 months refinance the home with a traditional lender, then sit with that home for awhile until I get fully comfortable with the one house.

That $50K rehab should be adding at least $50K in value you to house, but let's say the market is really bad and the rehab you did wasn't so much value add.