We do some cosmetic improvements to bring homes to our standard, typically carpet and paint, upgrade lighting etc.

I haven't spent a ton of money overall on improvements.

Replacing countertops, though, is a capital improvement and usually has to be capitalized and depreciated over time.

If you are using local banks, there is a high chance it won't connect.

It’s a solid option to boost your chances of actually reaching the homeowners you’re targeting.

Larger properties spread your risk.Be Ready for Some Sweat Equity: Many first-time house hackers underestimate this part, but putting in a little elbow grease can drastically improve your returns.

You can reevaluate selling in a few years when interest rates improve and more buyers get into the market

You would think with a fixed rate loan the COC would improve over time but the other expenses are so large that the COC stays about the same year 2 to year 5.

Do not give them a second chance.

You need to improve the property to improve the tenant.