House hacking is such a smart way to start building your portfolio and get hands-on experience with multi-family investing.

Hi Eugene,Totally understand where you’re coming from — the vacancy gap and PM fees can really add up, especially when you’re managing from out of state.I work with a Houston-area housing program that leases homes long-term and keeps them consistently occupied with responsible tenants.

Basements around here can have radon/moisture/egress challenges, so I’d test and mitigate as needed before ever housing a tenant - now or after I move out. 

If a Trump/Kushner-linked firm is scooping up 1,200 units in Jackson, Mississippi, what’s stopping you from snapping up $20,000 houses in Missouri and scaling to 50?

Whether you’re flipping, holding, or house hacking, the game plan is shifting.

Now lasting, what house would both again accommodate my lifestyle and add value.

If you rent out three rooms, you can claim the main house portion for rental deductions.Keep good records for each room such as rent collected, cleaning, small repairs, and furnishings.

Hi @Mary Jay, You’ll only owe taxes on the gain from the property you’re selling now (house 2), not the original house 1.

I would consider house hacking to preserve cash and get your foot in the door.

You don't own a majority of the house, as their shares equal yours.