This way, they’ll have a vested interest in maintaining high standards of management.To truly understand property dynamics and support the management team, I recommend spending time on-site.

Being able to A/B test MTR at the same time would allow you to know if you can convert the STR to MTR if you ever want to move out and keep the property.As for the net negative house hacks - I always like to remind people that shy away from a deal because they aren't making money that they are usually still coming out ahead if they are spending the same or less than they would on rent.Great last point.

Whether we agree with these items or not, the following are inflationary government policies: stimulus, student debt relief, tariffs, increased child tax credits, limited immigration, and big government deficit spending.

They are my favorite, because they are cheap and snap together higher, which better protects from splashing water.

In a text book case you'd buy a property for half of its ARV (after repair value) and then spend 25% of ARV on rehab and generate 25% equity.

You could easily spend a lot of capital to start with something else but doing the house hack gets you started and your feet wet.

I don’t want to spend a month in a dump.  

Quote from @Marc Shin: Hello - is it worth spending money on boardgames within an STR? 

I'll share first: I plan on spending the first bit of the year saving for my next deal--I'm looking for a SFH somewhere in the midwest to long-term rent.

What's left after all that is your cash flow.Collecting cash flow to spend is an amateur play.