@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

If you don't know how to do this properly it can be detrimental. 

While there could be avenues to acquire real estate creatively with less cash operating  real estate properly is capital intensive. 

I'm happy to send someone, however, if they find everything is working properly, you will be responsible for the cost."

With a backup plan, and proper (extensive) legal docs, much of the risk can be mitigated.

@Alex Houser You need more numbers and a proper inspection to justify the price. 

Having reasonable expectations, hiring a local professional (Realtor or PM), doing your research, and doing everything right (i.e. pro photos, professional design, good renovation, proper amenities and location, etc) are the keys to success in 2025.

.- Maintain proper records, such as contracts, settlement statements, and promissory notes.

Everyone says to find properties and build a buyer's list, but neither matter if you can't calculate the repair costs and also get access to a friend or colleague who has MLS so you can do a proper and real ARV (the other part where all wholesalers fail).

It can also be an opportunity to discuss house rules and expectations to ensure you're on the same page.While being cost-conscious is understandable, investing a little upfront for proper screening can save you a lot of trouble in the long run.