Long-Term: Appreciation, loan amortization, potential tax benefits, and housing expense savings.I'd say the unexpected benefits of learning property management, deal finding, project management, renovations, and DIY-ing were more impactful than I initially thought.

But a house hack is a perfect use case to DIY property management. 

Explore partnerships or joint ventures with other investors to pool resources and mitigate financial risks.Good luck!

If you both qualify for traditional financing you could do an operating agreement/joint venture agreement and open joint accounts in a similar fashion.

Any members who want to invest can do so (minimum $5K), and we form a joint venture LLC as the singular investor (the limited partner) in that syndication deal.

Thank you in advance. ( Also I'm in the middle of BRRR book so I'm feeling motivated ) Besides what has already been mentioned, another good reason to wait before starting this venture is that interest rates will probably be going down soon. 

Cabinets: is cabinet staining something you'd recommend as a DIY?

You could structure a joint venture agreement but make sure you lay out the following: - Purpose of the Venture- Contributions- Ownership and Profit Sharing- Decision-Making- Management- Duration and Termination- Liability and Risk Allocation

@Eric Stewart no offense, but this is what happens when you don't do enough research before buying a rental and DIY managing.https://www.biggerpockets.com/forums/88/topics/1106522-1st-r...Why didn't your agent Collin educate you about all this? 

It serves as a testament to the power of vision, collaboration, and dedication in realizing ambitious commercial ventures.