From The House Hacking Strategy, published by BP (and I'm a case study in the book), Craig talks about the profitability to comfortability scale.

I started off my investment journey the same way in 2021 while living in CA.

If you don’t have any debt on your properties and you feel comfortable taking the risk of self insuring, you are still ignoring the greater risk from liability claims.

The house we live in has a 15 yr fixed mortgage of $1,600 at 4.1 interest but it is only 2 bed 1 bath just under 1,000 sq ft.

I go to REI meetups in Oregon where I live and Arizona where I invest.

How many people will potentially live in the unit?

I live far away so we'd been talking about me putting down 67% of the down payment with him putting down 33%.

We live in a college town and could rent it for $1200-$1500/month afterwards.

@William Hutchmaybe start with a live in flip a bit away from the cityi would not partner with multiple people on your very first one - that seems like a disaster waiting to happenhigh rates are just where the market is right now

I have 1 tenant on S8 and they’ve been great besides the fact the home is dirty and they live like a hoarder.