@Chad LabrecqueFirst, you could look at what your NOI might be if you converted your primary residence into an investment property.

Quote from @Chad P.: Quote from @Henry Clark: OP.  

@Chad EmersonYour OpEx at $60K (around 36% of EGI) feels a little light for a 30-door property.

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!

Podcast wise I have been listening to Brandon Turner, David Greene, & Coach Chad Carson.

Any relation to Chad?

@Tonya English @Chad Runken VIP member here as well,  coming into month 4.. sounds like we are seeing similar results.

Hey Chad,Depends if you want/are able to do full documentation lending or need property based options (like DSCR). 

If you do the rental you lose the $500,000 avoidance at the end of 5 years unless you’re military.I believe it’s worth it for a few reasons.A) High W2 income earner with no flexibility for tax deferralsB) Have a long term goal to own a few income producing properties in the Chad Carson small but mighty mindsetC) Plan to hold property for long term.

Chad.