There are things I wouldn't have to do such as carpeting because my local hardware store installs for free with purchase of carpet, etc.

@Willis Chur - I’ve worked with a few investors in this same bucket.. high liquidity but unsure where to go with it.I’m a seasoned investor who took a small amount of their money and set up 12 month - 60 month promissory notes at 5-8% interest.

I've been just getting started in the whole prospect of real estate investing only a few months now, so I'm very new and ambitious. 22, full time salesman at a furniture and flooring store in Massachusetts but I've only been here for a few months as well so the plan was wait until I've been here at least a year and save up that 3.5% to house hack a duplex in the area.

As a manager of a hardware big box home improvement store for 10+ years now, I oversaw a $3 million store remodel, while managing to run the store team, General contractor, fixturing contractor, electrician and meeting deadlines throughout all 4 months.

At worst there is a black swan event due to the hyper-connectivity and systemic risk that is present in our financial industry due to the consolidation of the too big to fail banks which could lead to a Cypress-Greece style credit freeze and liquidity crisis.I hope I am wrong but I am hedging my portfolio in the chance I am right.

Liquidity of nonwarrantable condos is typically really low.

triplex, back yard, 3 garages, close to Mills college, store and business What made you interested in investing in this type of deal?

Hey BP Fam,Its Marc here, the Nubie from NJ.So part of my of my investing strategy is to buy and hold multifamily in areas that have a blue collar worker force, specifically in zip codes with major Logistics and Warehouse hubs, as I believe eCommerce and online shopping is fueling their growth, and these fulfillment centers are fast replacing our retail stores - and they need man power to run them.......that being said.... 

I'm not a lawyer (do contact one), but if I owned a home I would either not hire a tenant at all, or pay them hourly and NOT keep them "on call" or anything else.Discounted rent as wages (think "company store") carries significant recordkeeping requirements, and yes there are people like me who are well aware of them and have lawyers ready to educate landlords who disagree with us, and their money is no object.

Property managers use regulation-compliant lease agreements, not a generic form from a stationery store.