Just starting out, but have a plan

[Dan Shuder]

Married with 2 children. I've worked in healthcare for the past decade and looking to invest in local, small multifamily properties.  Currently living in our home and plan on renting to keep low interest rate while we house hack a duplex to start our investing in real estate.  Currently vetting local property managers to manage our single family home when we move out. Just looking to use the website for info and network. 

Thanks,
Dan Shuder

[Stuart Udis]

I agree with Andrew’s comments particularly because this is a home you personally lived in and know intimately. Nobody knows the ins and outs of this home better than you which gives you an upper hand over any management company.  

My other advice is to make sure this is the best decision when balancing your family and finances. I understand moving out of your home and occupying a unit in a duplex may be the best financial decision but make sure it’s the best decision for your family because transitioning from a single family house to an apartment with a family of 4 is not always the easiest transition. Some become hyper focused on investing and wrongly prioritize their thirst for real estate investing to impact other areas of their life. Balance in life is import ant but only you know whether that can be accomplished.