@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

It's stronger in court if they do it, nothing personal.

I can't recall one ever sticking around to play it out.

I have personally house hacked for over 10 years and continue to do it to this day, right here is St.

Be sure you do it right and talk to an expert. 

Your mortgage has nothing to do with your taxes.Here is a very rough starting point, however the actual calculation will involve more details:1.

Hey all,My name is Tony, I'm 35, just started actively pursuing financial independence and have been really hammering away at learning everything I can.

It wasn't critical at all in my decision. 

It has taken four months.Unfortunately, when probate is involved, the process can absolutely drag out.

I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.