Walkthroughs are never detailed enough to be final (ie often tenants have lower disconnected and discover broken appliances later.) 

Quote from @Deborah Wodell: First, research markets with job growth, lower competition, and strong demand for housing.

However, if I had started off with a house hack, I could have lower my monthly mortgage tremendously which would have helped me build up my savings at a much quicker pace than I had.

@Paola AstridIf you’re considering refinancing an FHA loan, it’s a great way to lower monthly payments or gain more flexibility.

We’ve tried off-site laundry, but our sheets get mixed up and replaced with lower-quality ones, so we prefer on-site washing.Currently, our cleaners have about four hours between guests to process 6–8 loads, but the dryer is the bottleneck at 1.5 hours per load.

It's way lower risk while you're getting your feet wet.BRRRR definitely has better potential returns, but it also has way more moving parts that can go wrong.

That's what keeps investors like yourself holding on because the cash flow is non existent between management fees and cap ex which may not present itself in year 1, but when it does, its crushing in these lower price point properties.

This allows investors to get into the market at way lower price points.

I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000 

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.