Sometimes the closing costs from the auction are HIGHER than expected.

I am trying to target a savvy investor or younger buyer who want to house hack while living in main home to help with the cost of ownership. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Also, managing the property as a rental could offer tax benefits.When purchasing, keep in mind condo association fees and maintenance costs.

John said no, that our offer wasn't going to cover the design work and I asked him what the cost of the design work is.

I am looking to buy a property in SLC Utah that i would want to try and run as a STR to help offset the cost.

Aside from downpayment, you want to have a solid emergency fund in place, something that can cover unexpected repairs, vacancies, or any other random costs that pop up.I’d also recommend saving more than you think you'll need and keeping a close eye on your expenses.

"You’re Taking a Cut as a Middleman, Making It Worse?"

It cost about $100K, but it would have cost around $200K if she were to do it from scratch.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.