I'm in the education phase now as I'm keeping up with the podcasts and reading Set For Life now.I am slowly working on warming my wife to the idea of using some of our reserves to buy an entry level rental home/duplex, but have also started thinking about whether going to house hacking, even if it's more on the "luxury" end with having an ADU or separate mother in law suite might be a better approach.

Key points we are trying to cover:LocationSizeCurrent OccupancyPurchase Price Metrics - Cap RateReturn Profile - Avg Levered Cash on Cash ReturnHigh Level Bench-markingOperational IntentionsUpside potential

My personal belief is this can put their investor's money (and stress level) under undue pressure.

When you're buying in good areas where you expect both appreciation and rent growth over the long term, you won't usually find the level of cash on cash return that a lot of the gurus are suggesting.

For instance, you will likely need to do some level of clean-up, painting, and minor repairs, all of which have a cost prior to the new tenants moving in. 

So Massachusetts just became the next state to put a near-term ban on short-term rentals at the state level.

But I'm happy with my strategy on many levels and at least for me it was sound business. 

Keep an eye on interest rates, inventory levels, days on market, pending sales, canceled sales and list price to close price ratios.

BS, I know a bunch of mid level executives and some are already being let go.

please delete if not allowedOki so let me be transparent, I am looking for new friends and accountability partnersreally want to take this thing call life to a new level with different problems and better solutions. not looking for a mentor I got that. my old friends have a poor(low) mindset lets connect