Make sure to talk to people that have been in the business for a long time and truly have stats to back up what they show on paper.

The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

I would strongly consider them but I am planning on waiting til early Spring to buy.

Currently submitting final plans that include Architectural and subdivision approval.

All things to consider. 5) how do you plan on managing the property?

I would say only if you plan to use the property for another purpose or if the property is really cheap and fits within the building guidelines. 

House hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place.

I have actual never heard of the group, I looked them up and plan on attending it within a few months after I finish college(I'm currently in the upstate).

I’m not planning on staying in this home for more than 4 years and when I’m ready to move I’m either going to sell it or use it as a long term rental. 

We were not educated in the work and financial planning for such an undertaking.