We're also in the permitting process for an additional six units.Given the project's unconventional approach, a debt equity partner might be the ideal solution if traditional financing isn’t feasible from what i am being told .

I appreciate your thoughts and am absolutely keeping an eye on the market, resales, etc.

It could be you're not marketing it well enough, it may be time to hire a broker.

If you are going to keep a tenant that is difficult, at least charge them market rates!

That’s an awesome approach.

Look at the existing inventory in you're area, find an investor agent who has experience with house hacking, pick the best option currently on the market that fits your budget and make the offer. 

That is a great number and bond markets love it.

I've spent a lot of time on the pro forma as well, but a lot of the assumptions are based on the Houston market which I'm a lot more familiar with.Does this seem like a viable plan?

Great place to live -- not so much when there is little to no leverage to purchase my own home, burn rate goes very quickly, or perhaps I don't know enough.I follow Brandon Turner, BiggerPockets, Grant Cardone and have attended both his Real Estate and Sales & Marketing talks.I would like to get into real estate to one day either purchase or build my own Home Recording Studio.

Is it like long term hold and wait approach ?