@ Mike - Somewhat depends on the market and the homes you are targeting, but to keep things simple let's assume your "All In" costs (purchase and renovation) for a house is $100k.

Hey Seth, I am an agent, so I'll try to be unbiased...My honest opinion is to utilize an investor minded agent when you're getting started and target an on market property. 

Correction: I missed mentioning that I was targeting the cities and areas with the highest population growth rate, not the whole country.

@Chandler Rehbein When it comes to insurance companies they are not all created equal and certain companies target specific types of insurance so while the coverage items may be the same the pricing is far different. 

@Chris Tran Any particular reason you'd target a single story home?

Account ClosedDepends on how many homes you wish to target and how frequently. 

I actually pulled a list from listsource and targeted my ideal market.

This is not simply missing the target - this is total lack of awareness of a target.And I am just trying to wrap my head around how it is that on BP today, when seemingly literally 5% of all conversations revolve around house hacking, when Scott published his book and I published mine - how is it that such total lack of awareness of the basis of the concept can happen...All people have to do is READ.

I invest in syndications and I prefer real funds over IRA funds for this;  I target Wall St for the IRA funds.

For it to work, we need to see new permits suppress to lows and remain at those lows as more and more of the population funnels into multi-family residences.