@Nadir M. our lease specifies the resident is responsible.

@Thomas YoungmanThank you for such a detailed response.

Take care of any reasonable property related issues quickly and expect your tenant(s) to take care of their responsibilities quickly also. 

Whenever he moved out, he made an arrangement with the most responsible tenant on site to become the PM of the house.

I’ve texted him various times but the responses are inconsistent.

And one more question I've worked with 3 REA thus far but so far none of them communicate timely (it usually take 2-3 days to get a response even when I'm letting them know I want to offer on a property) is this common?

@Caroline Gerardo  My response related to reserves was a reply to this statement in your post: "In addition to down payment you need reserves which is 12 times or 24 multiplied by all you debt.

Quote from @Kathy Kifer: @Michael Plaks - I just came across your response to this question.

Half the time they may not even realize they are acting as the GC and have that added responsibility or what that entails.

The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊 Thanks for the response and insight Anthony.