@Angelica Byrnecan you just save up enough until you are able to house hack? 

A friend of mine bought some houses from them that he thought were occupied and running smoothly because rent checks always came through on time.

He's an experienced agent. landlord, he has his own Airbnb house in Covington and he understands that part of NKY really well.

would you rent out your property to a problematic tenant who has a good rental history which means always pays on time with a good credit score. i'm in the process of renting out my house

Perhaps you have coverage for the replacement value BUT the insurance company when calculating the replacement property uses modern building materials like drywall but your original house had plaster which is much more expensive.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

Took me 2 years to completely gut and re do everything in the house.

House hacking is a great way to get started.

As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!

Section 8 may seem like a home run but I've seen houses destroyed in a years time, I would steer clear.