The strategy I'm following for my first house hack is to acquire a multifamily property (duplex, triplex, quadplex) or SFH w/ an ADU (or potential for an ADU) as I am mainly looking to simultaneously acquire my first property and subsidize my mortgage payment.

You can also potentially bill back tenants for usage too.   

Potentially interested in surrounding markets.

I've been trying to save up for what could potentially go wrong like cap ex things.

STRs have a huge earning potential but it's definitely something that takes a lot of time, patience, and effort these days.

If you have any leads or information, I would love to connect and discuss potential opportunities.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

on a recent podcast Dave and Henry Washington talked about 10-15 years being a potential timeframe. 

Potentially lower down needed of 15% with better rate and 6% cap in IPC’s

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?