@Kris KelleyHouse Hacking can save you money in the following ways:Lowering your monthly housing allowance through generating revenue renting out portions of your property.Lowering your taxable income base by acquiring extra tax write offs (mortgage interest deduction).Decreasing transportation costs like gas.Decreasing unproductive time spent sitting in traffic.Having the possibility of removing your car payment, insurance, and maintenance expenses completely.Learning how to be a landlord and transitioning into the world of real estate investing.And more!

Your worst case scenario is a run on the bank coming at the same time as several big-ticket capital expenses, tenant issues or a market downturn/transition to a buyers market, preventing you from being able to sell quickly if needed and cash out investors as necessary.

This will make your transition to the point of being able to receive the earned rent faster. 

Aside from providing the basics, some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

Today I mainly focus on small apartments (10-30 units) in Baltimore and land deals in Prince George's.Here to help folks getting started, or making transition from houses to commercial.

And I do it myself, so coming from laminates, I know all about the click in place and what a royal pain in the arse it can be transitioning into rooms and closets compared with the easy of this stuff.And if I go in and replace it in 10 or 15 years I will know I spent the least amount to get the best return.

If you aren’t told about opportunities for veterans during your transition period, be sure to look up Hiring Our Heroes and similar organisations.

It definitely took some learning curves and transitioning our mindset from a STR to a midterm rental strategy, they are two different animals. 

A common problem I see for seasoned investors is transitioning to passive 'retirement'. 

I think having some investment experience and actually having purchased a property from NW made my transition into this role a lot easier.