It seemed like a no-brainer when we could utilize a second home loan for a low down-payment and get higher cash flow than other investment types too.

Price was $229K with a $160 HOA and low taxes.

Once the weather hits double digits again, I intend on exploring my neighborhoods and finding / chatting with the owners of local multifamily properties, offering lunch or coffee to those willing to take the time to talk numbers and strategies with a newcomer like me.

Some of them will be giving you a great return and some of them the RoE is low. 

We stood out in a low inventory situation and captured the attention of the best buyers.The most important part is the condition of the home and how you present it to the market.

 -19 low and -3 high.  

I promise you that this tenant is not the only person in the neighborhood with "toxic traps" either.Sorry to hear about your cat but at this point in time, you are taking your frustrations out on somebody who may not even be responsible. 

Though it isn’t an accurate picture of what might happen in the future, it may give you some idea…along with checking the other neighborhood stats to ensure the neighbor is still growing and not taking a downturn.I wish you all the best. 

House hack in the best neighborhood you can afford

It is my view that a fairly low percentage of the wholesalers meet my expectation for ethical wholesaler.