Purchase price: $110,000 Cash invested: $150,000 This is our first deal as a full family (Parents, sister and brother in law, me).

Purchase price: $1,150,000 65% bank and 35% Seller Financed in second position.

In my opinion the best way to house hack is to purchase a multifamily where you can live in one unit while renting out the rest.

Purchase price: $575,000 Cash invested: $75,000 Sale price: $775,000 This was a tough one.

Property is off market purchase at $356k.  

Where did you purchase your rental?  

Let me know if you’d like help with financing or scaling strategies.Best,Drago

We also have pretty high property tax bills (around 2% of the purchase price/property value) that eat into a lot of the rental income. 

However, if you have the time and prefer to source properties on your own, I would highly recommend the following strategies:Connect with probate attorneysVisit property auctions: These happen monthly and, surprisingly, aren’t saturated with investors.Cold callingTarget LLC owned properties: Over the years we have seen an influx of companies purchasing SF for rentals/long-term holds and they failed to account for property taxes and an increase in new construction coming to the market.

You do not have to be a resident of that state/county to purchase OTC's.