Unfortunately I did not do the requisite due diligence early enough in terms of Zoning and I can not execute that plan. 

Planning on living in coop for 6 years or more then selling it.

Cash Plan to refinance when rates are more favorable How did you add value to the deal?

HI Blake,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Anyone in Colorado planning to go to BPCON 2023 in Orlando?

We just put an offer in on a riverfront one bedroom cottage on a half acre property in Oregon that we expect to be accepted, here's how I plan on purchasing the property with less than the cost of an apartment rental deposit in SoCal:Purchase price is $330k as a FHA Primary Purchase with 3.5% down ($11,550) and a 2.5% ($8250) seller concession towards closing costs.

Also, the denominator is "initial investment," not "total investment" I just get somewhat wary of inflated numbers that make something look better than it is -- saying that my NWROI is this incredible percentage - but an ongoing maintenance concern/capital expense actually makes the property break - -even or even worse. 

The plan is to rent out the top unit to a long term tenant and for us to live in the middle unit until we move out (if we ever do). 

Amazing time and will DEFINITELY be planning to get to Cancun next year.Looking for the best way to get started.

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time.