House Hacking Advice Wanted

[Stephen Dunker]

Hello BP Community, 

My name is Stephen Dunker. I am a 25 year old design engineer in Cincinnati, Ohio working towards my PE. I closed on a property in June and am currently house hacking. I will be fixing up a two-bedroom apartment and an efficiency apartment on an adjacent parcel to my single family house and renting them out. I plan to be finished by May of 2022 with the remodel and then move into another property, while continuing to house hack and take the fix-then-rent approach. The single family house, two-bedroom apartment and efficiency unit should generate $3000/month in rental income, while the PITI would be $1500/month.

My plan is to get 10 properties in the next 4 years. 

Any and all advice on how to move from property 1 to property 10 would be appreciated! Anything from securing finances and taxes to tenant management and budgeting.

I appreciate that advice!