Still lots of work to do on the house and the “book” I still have to figure out what to do for it (paper/digital/both), and a few more things I probably am not yet aware of … reading on this forum and asking questions sure has helped out a lot.

Additionally, your situation is a bit unique as it sounds like you may be living away from your primary residence more often than not, and as such, I also recommend you confirm with a lender whether this situation would qualify for this type of (primary residence) loan.

Close to the University of Virginia and a large research hospital.

To get started, focus on creating an appealing listing with professional photos and a detailed, guest-focused description.

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

I have been a podcast listener since 2011 and a forum browser since 2020!

Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.

Hi Irene,I had a client that did this with a home and a barndominium next door. 

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.

Augusta indeed offers great potential with a strong rental market driven by factors such as population growth and a stable job market.