Since being in the investment real estate industry for a little over a year now, i know the exact steps i need to take in order to pull the trigger. 

Airbnb the top half and turn the bottom into a 1 bedroom apartment with walkout entrance and full kitchen.Full cash out: $40kMonthly Expenses: $2800Estimated bnb revenue while house hacking: $2000-2500Cashflow after moving out: 750-1000Cosmetic Flip Expected Equity Gained Minus Rehab Cost: $20k What made you interested in investing in this type of deal?

Once the city came out they noticed other things with the 3 flat and made them bring things up to code.

What made you interested in investing in this type of deal?

@Will Samuel, I'll speak to the opposite view as @John O'Leary even though he made perfectly good points.

I should also mentioned that we have all of our paperwork in order, about 500 dollars a month in debt, and excellent credit scores. 

I get hired, but I have to pay this, this and this, in order to work with us!

I'm working on my own newsblog for the industry in order to digest and dilute what's out there, since there is just so much (too much even?) 

This time I would buy 2 ready-made duplexes that are much easier to rent out with the proceeds.Thank you for your time!

Rates have been coming down so it might work out in your favor.In order to convert to investment rental you will need to be at a minimum of 85% LTV (No cash out).