I specialize in small multifamily properties and house hacking working alongside BiggerPockets podcast guest Andrew Freed to help investors find high-performing deals in Central MA.My Background:  - Started in late 2019 I utilized an FHA loan to get my first 3 family property in Fitchburg, spent about a year fixing it up and soon after I refinanced. 

His helper did not show up so I (home owner) offered to help with the tear off and spent about 17 hours working. 

I’m curious to know if there are others in the BP community who have experience with recovery housing as a real estate strategy.I’ve spent the last several years working on the development side of sober living homes, and I’ve found it to be a fascinating intersection of real estate, social impact, and long-term cash flow.

If every single cent of the entire US GDP was spent solely on national debt, what's left would still be measured in tens of trillions...... 

I just used my attorney as our registered agent, PO Box as our business address, and a separate LLC as the holding company. $50/ LLC and it literally takes less than 20 minutes for each LLC and costs less than $20/ yr. to renew each LLC.

I spent many years personal flipping homes and then most of my career helping investors buy and sell.

I learned this from a truly gifted and successful NJ Salesman; My Mentor, his name was Max.I have met many decent, hard working people, much smarter than me who have spent enormous amounts of time & money but they have never achieved the income they desired.

You do have to consider your time spent managing it as a DIY landlord, which could be more difficult than it's worth.If you think you can invest your net sale proceeds at a higher yield than what the above yield, you should probably sell.

A lot of new investors chase “off-market” deals thinking they’re getting some unfair edge, but the reality is you’ll often spend more time—and ultimately money—trying to land one of these than just going after a solid listed deal.If capital is tight, I’d argue your time may be better spent earning and saving such as a side hustling, working in RE as an agent or assistant so you can eventually participate in more conventional deals.

I spent $4,000 repairing equipment, and $12,000 on additional equipment.