The barrier to entry is high (500-800k) but the gross rents are equally high at $2300-$2500 per unit on nice properties.Live in one unit and rent the other two or three.

@Michael Plaks is located in Houston and you should consider giving him a ring.

Low barriers to entry makes it worse in wholesaling.

Draining the pool down the sewer system too fast created a “downdraft” that caused an upstairs toilet blow water past the wax ring.

There are many ways a qualified electrical contractor can ring out the building without the utility connected or main panel working.

I live on the beach in Fl , my phone never rings.

The footers of the house are CMU block and filled in with concrete, no footer below the cmu block, just SP2.Notice that brick goes all the way up, no footer or brick ledge only sitting on sp2, has 1 tie in 16" up from the sp2 and up the wall..nothing to hold the brick courses in place, not to mention missing water proofing/vapor barrier.

It’s great for investing from out of state since it’s landlord-friendly and has a low barrier of entry and cash flows.

This will yield multiple benefits such as:* Freeing up funds for other projects as you will only need to put down 3.5%* Lowering your living expenses compared to if you were renting or if you had purchased a single family (assuming you house hacked a multi)* It's an easy barrier of entry to becoming a real estate investor* The process is repeatable if you plan it out correctly* It's like being a landlord on training wheels as your risk is lowered since you would be living thereSo many benefits to house hacking and for many investors, it should be the baseline of their investment portfolio.

If there is damage in excess of the deposit, one of the few options the LL has to encourage the tenant to pay is to ring their credit.