What was the outcome?

For example, I think it would be nice to have a 20 year spreadsheet for LTR showing 2 roof purchases at the 10 and 20 year mark (assuming 10 year roof) and then each system listed with its expected respective replacement year to get a picture of potential capex spikes,This may lend to moving replacements expeditures around to balance the outlay of capex dollars over the life of the property.Thoughts?

Everyone had huge outcomes on anything they sold prior to 2021.

That means you have to hire an attorney with uncertain outcomes.5.

The main issue that I have is that the tenant has 2 more years left on the lease and in order for me to fix all the mess in the basement I would have to remove tenant. all plumbing, electrical and structural is potentially dangerous.How do I manage repairs if tenant doesn't want to move?

What was the outcome?

It all comes down to where you balance your personal perception of risks to the potential reward.But, in hindsight, I sort of align with Melanie.  

My Strategy:- Buy with primary goal of renting in the future- Live-in flip for the first 1-2 years to build equity and increase potential rental price Exit Options:- Refinance and rent the property, using equity and savings to buy again, move in, and repeat- Pull equity that built due to small renovations done over 1-2 years and purchase another property w/ intent to rent, staying in this first one- Sell/1031 (thanks to forced appreciation from reno)Will this work regardless of the asset being a townhome or SFH, or am I missing something? 

Received a text from a potential tenant today.  

This approach aligns with my preference for immediate equity and the potential to replicate this strategy with a second property by year's end.House Hack a New Construction Duplex: I've spotted a duplex priced at $405k that's appealing for a live-in investment.