I was going back through old house hacking threads, and someone was asking whether he could do the owner live-in thing for a year then buy a new place, rent the old one out, repeat.

Either buy class B in class A 'hood, fix up, wait 2 years (cap gains), then sell, repeat OR buy a duplex, fix up your side while the other side pays the mortgage for the whole building (can work that way if you're savvy), then when the tenant moves out, switch sides.

All lenders i have contact with seem to think its on hold / gone / not being used or in affect ??

I ask myself, Do I want to get the loan with 20% down and pay aggressively to get it paid for in about 2-3 years, or do I want to roll the income into that account and let it build to another 15-20% down and repeat?

When I refi I will pull out as much cash as reasonably responsible to repeat the process with a new property, never losing more than 20% equity in the property. 

Obviously it would be a property that wasn't as expensive ranging from 100-200 thousand but as the years go by i was thinking off taking cash flow from renters and additional income from my full time job and reinvesting it into the house until its fully paid off then selling the house and gaining the profit and repeating the process with a more expensive house from the profit I made off the first investment property.

For example, our software wouldn't know how to quantify the affect of a new complex being built down the street that may compete with our rental listings.  

BRRRRStep 1: Buy - buy distressed property all cashStep 2: Rehab - Rehab the property using cash Step 3: Rent - Rent the propertyStep 4: Refinance - Cash out refi the property to take out the money you spent on buying the house and the rehab (make sure the rent covers your new mortgage & expenses - this is part of your up front analysis)Step 5: Repeat - repeat the process Good luck!

If you are true partners and upon success, intend to repeat this, you should form an entity together with an operating agreement that spells out each and every soecific item (responsibilities, tasks, money, what happens in case if death, etc. as far as thevowner carried financing, have your attorney draft up a note and deed of trust.

With a buy and hold strategy, and trying to look at potential deals as being more or less likely to be successful, I am wondering how this situation may or should affect my analysis.Does this materially increase the likelihood of falling or stagnant rent and property values for the mom and pop units?