If you decide to move into that unit once you close though, that's your business.

There are no fees each time you draw. closing costs are often minimal, and the rate is similar to a hard money loan.

I have not seen any properties close to that %. 

However, if you can deliver your message AT A GLANCE, and it looks professional enough AND you tell them to KEEP your card for future reference, you may be surprised as to how well your closing ratio improves over time.

They are more concerned with closing out issues than they are with getting multiple bids to get the best contractor for the job.

Hello, my wife and I are about to close on our first house hack and we’re about to inherit two renters that are on month to month leases that are way below market rent.

Since I'm not buying properties in cash (nor willing to accept a commercial rate for a conventional deal) I am doubtful of deeding property to a Holding LLC after close - it seems risky (and wouldn't that pierce the corporate veil already?).

I just closed on my first property yesterday!!!! 

Plus, your able to track every time someone opens and closes the door.

Ali,When planning to buy in NJ the biggest thing I would tell you is to plan/research for the closing costs.