@Taylor DavilaGiven your situation as a professional athlete with uncertain future locations, a traditional house hacking strategy might indeed be challenging due to the requirement of making the property your primary residence for a certain period.Considering your liquidity and interest in getting started, a fix and flip could be a viable option.

If she said you’re taking over the payments of my loan, then that could be a little stronger that the seller understood, and now is simply playing dumb.

Real estate professional (for this posts sake) simply makes rental activity active, so you can use the losses there to offset other active income. 

There are many services they use and it's simply a marketing approach for wholesalers to drop a bug to anyone who would sell a property.

I have a requirement of 25.  

After all, getting a license requires effort, money, dedication, time, and commitment.

Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.

This typically requires 125% of the mortgage debts in available assets. 

The underwriter for a HML company has a list of required due diligence that needs to be collected before a loan can even be submitted to the asset management company or hedge fund they partner with for approval – meaning it could take a few weeks to close if you can get your broker the required docs (it’s usually referred to as the conditional approval process).

The condo is in pretty rough shape and would require about 60-70k in renovation costs to make this rentable/desirable.