It's high-stress and has many, many moving parts that must go perfectly right (contractors, lenders, appraisers).A more traditional "Small and Mighty" first step (and one Chad Carson often highlights) is a traditional Buy & Hold, or for you, House Hacking is a great start.My main advice: This path with the hard money lender can work, but it's a "swing for the fences" first deal.I hope your meeting went well!

Getting this right on the front end can save you significant time, stress and expense down the road.Thank you so much for your response!

Forcing a deal because inventory feels tight usually creates more stress than patience does.

I'm sure there's sone stress involved - but if they take an upfront fee, they make their $ either way. 

Check-in and check-out times are a good idea and less stressful for you. 

The deceased neighbor was really nice to me during a stressful period in my life.

I noticed there have been some significant decreases in asking price up and down Western NC. 

In my underwriting, I am not depicting any benefit from a rate decrease any time soon.as for waiting, I gave been forecasting flattish appreciation.  

IRS audits and penalties: Studies that are poorly conducted may be full of unsubstantiated assumptions and errors that can lead to expensive audits and large financial penalties from the IRS.Long-term issues: Dealing with IRS audits and having to correct inaccurate studies can be a drawn-out, stressful and expensive process.

If the numbers feel tight or stressful, it may be smarter to wait and save a bit more.