I sold the house for $180,000 and made a decent profit

Hey Graham, maybe you guys could look more into house hacking.

Hey there @Nilusha Jayasinghe - Awesome to hear you looking to do all the right things, especially being a housing provider in Chicago!

Patrick Faherty ,Russell Pitts I have bought several properties through them and have not visited in person.

This assumes the market rent for the unit I will be moving into.My goals from entering real estate are 1. add diversification in my investments (right now heavily invested in stocks) and 2. house hack, so that tenants pay part of the mortgageIn my current market, I have two options: a. buy older houses, renovate, bring the rent to market --> this will cashflow, but needs a lot of time investment which I don't haveb. buy turnkey properties: --> renovated and already occupied by tenants but may not be cash flow positive.I found a property that's type B.

All my rentals out here in the Bay Area have Section 8 tenants in them that I personally screened.

Happy House Hunting!  

Its lower cost of living has generated strong housing demand due to its proximity to northern Virginia/DC.

I do not know them personally so can't really say anything good or bad.

My wife and I have never put more than 10% down on a house hack,  most of the time it is 5%.