However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

First house, we are living in it while flipping.

I only have 1 property under my belt and am currently house hacking my SFH.

Usually in the year following your purchase, the property appraiser will reevaluate the house based on the new sales price.  

Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.

I think this will even out your space in the house.

They are going to have a pool, possibly hot tub, maybe a snack bar, and be beach front. at least comparing to the PCB market, most houses in comparable prices to condos dont have those things and are not beach front.

on a 100 year old house that rents for $1000 a month that's about to need a new everything - that is spectacularly deficient.  

But I do have some family in Canada that have told me there has been some tax increases to the STR owners to try combat housing issues.

We then purchased 2 houses for investment purposes.