As long as you have the self discipline to not raid that reserve for fun and pleasure, go for it.

Hi @Shawn SmithI am a US loan officer in Toronto, assisting Canadians to secure financing in the US.

I am closing on my 1st rental (Duplex) next week & I am going to self-manage the property.

We also run a residential assisted living mastermind to help entrepreneurs start and grow their businesses.

We started looking at coaching programs and some of these things just seem ridiculous at 20-40 grand, and some seem more like life coaching programs as opposed to real estate programs. we don't want to syndicate we really would just like to find someone that we can bounce deals / ideas off of and have them assist in underwriting and giving us a better sense of security that we are doing the right thing.

Without proper planning, house hacking can become a financial strain.DM me for further questions or assistance if needed.

For my PMC's and self-managing landlords in and around Nashville, where have you found the most success when it comes to marketing your rental property? 

I’m also considering advising my tenant to look into Section 8 assistance, as it could help support their financial situation while allowing me to adjust the rent closer to market levels.

Self-managing isn't for everyone, and I respect that it worked better for you.

I am a very communal, tribe before self type of person even when I have such little to give I offer what I have for the good of the team.