I am currently living in one of the units What made you interested in investing in this type of deal?

I recommend using a boilerplate lease agreement, then adding attaching an addendum with a list of rules particular to your shared living space.

Instead of investing in real estate, consider investing small amounts in a mutual fund or some other simple investment while you focus on increasing earnings, reducing expenses, and saving up for real estate investing.You can also network with other investors and find ways to invest your time in exchange for experience, maybe even a partnership.

they are bit more on the expensive side, but dont use wifi and are more durable then the regular keyless door entries. this ensures that guests can always get in and out even if there is a power outage. 

A large expense come up?

It’s actually only 25bps more expensive nfor 30 year.

My living expenses were almost completely rolled into the business model and I lived among an ever changing group of guests who made life lively and entertaining.

This is my first public post and I'm hoping for some encouragement and insight into the decisions and direction I am heading...My family of 4 is moving next week out of our SFR in Milwaukee (between the airport and Bay View for those that are in the area) and moving to a duplex which we will live in it as a single family while our kids are growing up.

I am planning on House Hacking the 3 unit (live in 1 rent out the other 2)  for a year or 2 and then move out a rent my unit out.$200k is a lot of money if you are in a flat market.   

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.