I'm set on house hacking as a first buy and hold property and have decided on a relative area and general price range I would like to stick in.

Purchase price: $42,500 Cash invested: $18,000 Sale price: $110,000 Bought a super weird 4 acre parcel with part mobile/part stick built funker at auction.

You will first have to choose a strategy and stick with it, This is vital if you want to learn and improve within that niche.

You never know who someone knows.Have a criteria and a price range in mind and stick to it.  

If you are cash flowing at your numbers though, I would stick with a known entity if it would mean you might lose the deal. 

You should stick with this lender.

@Jack ZhuangInstead of waiting for the "right" timing, set a bench mark that you are OK buying and stick to it.....

For the sake of brevity, let's stick with $240,000. 

Deal would include the land, a newer manufactured home on a separate parcel, a regular small stick built home on a different parcel, and something like 20 existing rv/mobile home spots. 

Yes, I sell Turnkeys to out of state investors but Pro Formas have a way of being manipulated so I stick to actual performance and provide actual numbers.