House Hacking would potentially cut my rent payment in half, netting me about 1200 a month vs finding a triplex or fourplex in Arizona that would cash flow 600-800.Thanks for reading!

Hello fellow members,I'm ready to do the jump, but I'm curious to know where I can find the better deals for multi unit buildings 5+The price range (dictated by my down payment affordability) is between 200K and 250K at the momentThe cities I'm considering are Indianapolis, Cincinnati, Kansas City and Chicago.

Absolutely do not execute a release prior to payment.  

I was wondering if it's possible to take 20 K out of it to put a down payment on a second investment property and would that even be advisable.

The problem is the mortgage payment is 1600 a month.

And, I would rather not put too much for the down payment due to my lack of experience.

But once completed we will have our old mortgage payment to use toward more investing.Hope this helps 

Kev Kevin:We'll see if we can get @Thomas S. here to provide guidance on navigating Ontario's LTB to save you time, money and some degree of frustration.However, the general rule of one lease, one payment applies here.  

Had one guest stay for 2 weeks and they apparently paid with a fraudulent/stolen credit card, VRBO approved the payment and stay.

What is the best way to get the down payment from them without having to pay taxes?