Even when financial goals are met, the experience shapes how owners and tenants perceive the property.

For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up. 

@Nicholas Stout S8 rents are set by the number of bedrooms, that's pretty much it.The HUD guides are just that - guides!

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances. 

They are set to change the zoning in my area, allowing ADU's and other construction.

As I said earlier, this is strictly for investment purposes.The property does not have to be turnkey, if there is room for improvement that's of no concern as we both have the skill set to invest in whatever upgrades are required.

After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.

@Jeff Ryan To be honest, it would depend on your goals.

We are set to close on a 10 acre building lot January 31st for 125,000.

There are so many strategies you can deploy depending on your goals going forward.