Candice, genuine question, what is the purpose of forum rules if some people are allowed to break them after warnings by moderators at BP and other people have their posts/comments removed?

That's why 2-4 units makes sense for a first deal -- you get residential financing rates, which are 1-2 points better.But if you've already done work in real estate (contractor, property management, even successful fix-flips), a 5-unit with light to moderate rehab is not impossible.

As Im a smalltime landlord with a moderate-low income (60k/yr), eviction fees and mortgage costs are really going to hurt.

Quote from @James Wise: Quote from @Jay Hinrichs: Quote from @Russell Brazil: Quote from @James Hamling: How do we get @Moderators to pin this thread to top of forums like BP notices? 

The goal would be to house hack now and repeat in 12–18 months, gaining at least some cash flow from the first SMF as I move into the second.Would love to hear any advice or market suggestions.Use an FHA 203(k) or FNMA Homepath mortgage, which allow rehab costs to be included in the purchase mortgage😎CHALLENGE: when would be a better time to take on a moderate rehab? 

Moderately flipping works (really buying at a discount, minimal rehab and relisting) and trailer parks/modular homes w/ a small land package (ie: affordable homes).

Home Price Softening Will ContinueMarkets that saw rapid pandemic-era appreciation, like Florida and Texas, are now experiencing moderate declines.

This is a very high-risk, moderate-reward strategy as I see it.

Until the moderators move your post into the Classifieds area, we're not allowed to contact you and offer our services (even though a few rogue ones will). 

Also, you wonder if you should rent your current house or sell it and buy another property with cash for less money and then also have the downpayment for a second home with an Airbnb space.If your current house is in a moderately appreciating market, think about getting a line of credit just to have it available on that house, and find a well reviewed property manager to manage the property as a rental when you move.Then, with your savings you have for investing outside of your house, you can  use that to put money down on the house you move to by the grandchildren.