Come quarter one of next year, start connecting with lenders to determine your budget.

I think your off-base on your reno budget working with best case scenario and/or limited knowledge.

Not every house will be a good fit, and a lot will depend on your budget and down payment.The core summer season here is about 10-11 weeks long, where you can rent the house out for full weeks at premium rates.

The annual budget for the hoa is $850k so they want to see $85k in the reserves.

Learn which version is right for you in this detailed QuickBooks Online plans comparison guide:- QuickBooks Online Simple Start: Have employees and issue invoices regularly- QuickBooks Online Essentials: Assign hours worked to customers, track bills due, and provide access for up to three users- QuickBooks Online Plus: Best for retailers, wholesalers, contractors, and other small businesses requiring property cost, inventory tracking, budgeting, and access for up to five users- QuickBooks Online Advanced: Best for small and midsize businesses (SMBs) seeking fixed asset accounting, advanced reporting, custom user permissions, a dedicated support manager, and access for up to 25 users You can use it as a property management software to track lease dates, record maintenance request and moreNothing is confusing to use if you learn it.

This woman might not be able to afford your apartment currently, some people might consider your apartment a steal of a price, and others will stretch their budget to be able to afford it.

But typically any conventional loan with less than 20% down payment you'll have mortgage insurance, but can either be borrower-paid or lender-paid.It's always good to review your situation with a lender, so you know your qualifications and budget.  

Once you get a job and get more acquainted in the real world, find an agent that you like, they can help you find a lender, start making some offers and close something up that can make sense to live in/rent out for both your budget but also as rental.

If you find a deal that aligns with your budget and goals, don't dismiss single-family homes with basement rental potential either.

I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.