I don’t think you’re getting $2k worth of benefit, much less $16k every single year. 

You can find real estate investors groups, real estate agents, and other things related to real estate.

I believe subject to transactions, done CORRECTLY, between KNOWLEDGABLE participants, with FULL DISCLOSURE, are typically successful transactions that have benefits for both sides.  

And you still get the same benefits in terms of tax benefits (depreciation is a beautiful thing), rental profits, principal paydown and appreciation. 

Without house hacking, your figures would look like this:$1850+1850 = $3700 - $1500 - $3200 = $-1000 net in your pocket (let's skip principal paydown and tax benefits for now).With house hacking, your figures would look like this:$1850+650+1500 = $4000 - $3200 = $800 net in your pocket. 

As an out of town owner, one benefit of Madison is that we do have a good supply of property management companies to consider. 

I want to thank you for calling me and being open to help further with my tax related questions. 

.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you. 

Hi BP community,I’m relatively new to wholesaling and currently have two properties under contract with the owner.

For example, theirs is relatively less maintenance and comps are easier to find.If you're looking to maximize returns, typically SFH and multi family would yield better returns and wouldn't have the risk of HOA fees increasing.