Disclaimer: Please keep in mind that the steps below are the minimal steps required to transfer a mobile home title in your state.

Keep in mind (and be prepared) that 1/1 units with low rents often have high turnover.

I don’t know what went through my mind.

It's just how the mind works for people who have more resources.Math always does work, but it's not as simple as 1+1 here.

That’s why I am being conservative. and ask questions in regard of that subject.I wouldn’t mind leverage. but as long as I know I have the fund to pay all cash if things went sideways.

Probably lots of people who 'house hack' will never buy more investment properties. house hack is especially useful in high priced markets like Austin SF  LA  NY  north side Chicago etc. and then when you move on you have a 2 or 4 unit or a home.keep in mind a SFR in Cupertino CA will rent 2 to the bed room for 1 to 1.5 thousand a man.. 

Now I save every dollar that my investments make and TRY to save from my W-2 job. how much did you save if you dont mind me asking ? 

@Clint Moore which agents do you use if you don't mind me asking?

That doesn't mean that a turn-key property is a bad investment; it just means the BRRRR is a better investment.Keep in mind, "better" is subjective.

So if you are purchasing a house with land, you typically would try to allocate more of the price to the house, as you don't take depreciation on land.If your goal is maximum taxable writeoffs and you have a number of other properties, you may want to look into cost segregation (but it won't be worth it if you only have this property).Keep in mind that when you sell the property, you'll have to pay tax on the depreciation (usually a 25% rate).Be sure to chat with a CPA about allocating the purchase price in a sale, as you need to follow one of the multiple acceptable ways to allocate.Also, depending on how the rest of your portfolio looks and your timetable for holding, being less aggressive in allocating the purchase to high depreciation items may work out better.