Most people rush in with no roadmap.Since you’re a first-time buyer and plan to live in one unit, you’re in the perfect position to use house-hacking to build wealth safely.

That is, sell the property on the court house steps to satisfy (pay off) the mortgage loan.

Outside might look great, but inside could be completely gutted or moldy or it could have been a meth house!!

I am wondering if this area has scope for home appreciation in the future and whether houses are rented easily? 

Quote from @Leslie Stouffer: I am looking at a second house in the market where I have my first STR (Charlottesville, VA), but this one has been demoed, but still needs all the insides put back in.  

So when I walk out I tell them it’ll probably cost me X amount of dollars to get the house rent ready including a new roof or hvac within the next few years.

Account Closed I want to "house hack" a condo in the north side of northwest side of the city.

Bored dogs do quite a bit of damage, so if it's a 1200 sq ft house in a big city, I would probably stick to lap dogs only, or none at all.

As a result, the inventory of single-family homes in the $350,000 to $475,000 range remains nearly fixed, while demand continues to increase due to the rising population.DemandPopulation growth drives housing demand.

My investors, which are just family members and are not in the LLC, they give me cash and in exchange I pay them a percentage of the profit after a house I previously acquired with said cash sells (buy, fix, sell).