Vacasa seems like they cover everything which is great for hands off owners, but they charge an arm and a leg.

Some will succeed at having a roof over their head.

With an FHA loan, you can finance a 2-4 unit property, live in one unit, and rent out the others to cover your mortgage.

I'd direct you to this posting, which seems to cover the same type of question: Having a real estate agent VS being your own real estate agent?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Flat top roof not tall steeple easy to convert.

Where will the money come from to cover your mortgage payments AND the needed rehab work?

At that time the lender gave you a fixed loan for a certain period of time with so much down and a certain amortization schedule.The debt service coverage ratio example.At DSCR of 1.25 means for every dollar of mortgage payment the NOI can cover 125%Your current lender back in the day might have done say for example a 1.10 DSCR ratio because absolute NNN and investment grade so perceived risk to them was low.

These require a minimum of $300-$335k cash to cover the downpayment, closing costs, and having a healthy budget for professional design/amenities.Tier 2 range in price but most fall between $530k-$650k.  

Otherwise get a glass or plexiglass cover made for the top because not everyone will use coasters.