Recently I’ve felt stuck trying to figure out what to do next after successfully performing three house hacks and having my personal mortgage and utilities covered from rental profits.

All of you touting the beauty of leverage in real estate are about to get a real good lesson here in the next few years!

What if the appraisal comes in low, rehab comes in high, someone loses their day job during the rehab and can't contribute anymore, someone doesn't perform on your JV, the contractor bails on you, etc.

It also fits nicely into the affordable housing classification. 100% occupancy and 100% of rents collected in April during the Covid-19 crisis, beautifully recession resistant.

@Marco Bario I have been thinking that, if we wait about 3-4 months to see which performers are still actually performers, this could be a great way to go.

Purchase price: $169,000 Cash invested: $8,000 Nice Family Home Located In Beautiful Stone Oak Great Kitchen With Island, Built In Microwave, Refrigerator, Plenty of Cabinets* Mahogany Solid Wood Front Door * Beautiful hardwood Flooring* Large master With Huge Walk In Closet* All Bedrooms Are Spacious* Water Softener* Excellent Schools w/ Lopez Middle School Within Walking Distance* Deck Overlooks Fenced Yard With landscaping** Shopping, Restaurants Close By What made you interested in investing in this type of deal?

Purchase price: $149,500 Cash invested: $2,500 Beautiful family home located in the Hidden Oak subdivision.

I've found that foundation is built through books likeThe Slight EdgeThink and Grow RichTribe of MillionairesThe Compound EffectThe 12 Week YearHigh Performance HabitsWealth Can't WaitSet For LifeThe Miracle MorningGet your mind right, and the results are much easier to achieve!

You also didn't mention performing any inspections, but you want to negotiate.

Can anyone point to places that did poorly, or performed significantly under expectations?