They all lead to a significant negative monthly return due to one or more of the following reasons:1) Asking Price is too high2) Traditional loan rates (FHA and Fannie Mae) are too high and affect total debt payment3) Existing rents are too low, so loan underwriters won't approve.4) Market Rents aren't high enough5) I would like to use the minimum down payment with FHA (3.5%) or Fannie Mae (5%).So, from all of these attempts, my understanding is the only way to make a house hack work in this region where I would at least breakeven on a monthly basis, is to purchase at a significantly lower price, lock in a nice creative deal or bring up my down payment to at least 20%.

We are also looking at smart locks to integrate into Jurny PMS. 

Twice now, small homes that would be perfect have LEASES locked in through July 2025.

. *** What loan structure and fees do you all commonly lock down and what would you recommend in my situation?

If the locks need to be drilled they would need to coordinate and set that up.2) The property manager would be the one that holds on to the keys. 3) You would have a leasing agent show the property from PM.

Lock down a plan, and be prepared to execute when you get here!

I changed the locks that night.

That locks them in at lease signing.

Changed the lock without my knowledge and will not give the key to it.

You can still network and build relationships that way.We are based out of Florida, but we don't usually visit properties even if they are in our hometown because of the time constraints that prevent us from locking in more deals and doing more efficient tasks.