If you are trying to leverage a property as a house hack, then I would let my target cashflow be what qualifies a good or bad deal. 

Referrals are also a great way to borrow a trusted source’s familiarity with an operator, and this is something I have leveraged heavily with many of my investments.Track RecordThe most important item to consider is an operator’s track record.

In this article, we’ll discuss three different business strategies that your operators will leverage to help drive more value to you, the investor.

The biggest benefit to inheriting tenants is that the property is generating income from day 1 right after you close on itIf you're looking at a commercial/DSCR loan, the 1007 by the appraiser helps in maximizing the leverage and therefore, financing on the property P.S The only place where I can see it help is if you get a portfolio loan from a local bank.

I was able to leverage a motivated seller and dropping market to go in below asking and knock off additional dollars after inspections.

I was able to leverage a motivated seller and dropping market to go in below asking and knock off additional dollars after inspections.

Being able to leverage your homes equity puts you in an excellent position to take advantage of this slower market! 

I know of the concept of a home equity loan and HELOC, but does anyone have pros/cons for leveraging existing equity to purchase new home (down payment). 

Here are some stats:  Purchase - 260k; ARV 500k; House needs a little of everything and a lot of some and to get max ARV, leverage current square footage add a bedroom and bath, making the home a 4/3/2; with two master bedrooms.

Successful real estate businesses are built on these three pillars:Investment StrategyRisk managementPortfolio managementA comprehensive strategy leverages investment strategy, risk management and portfolio management.