Loss of income is another coverage that you will probably want to cover any period of time you can’t rent out the apartment due to a covered loss.

There would be or can be if I advise on an individual basis in a specific note, I'm not willing to take $500 on payments or charge a % of some profit and take on that liability, that won't even cover my insurance premium.

The payments from the mortgage would cover a loan of this size as 12% interest.  

What kind of roof is best for your area?

With multifamily house hacking, you live in one unit and rent out the remaining units to tenants.Why Multifamily House Hacking WorksHere’s why house hacking with a multifamily property is such a powerful strategy:Rental Income Pays Your MortgageWhen you rent out multiple units, the rental income from your tenants can cover a significant portion—if not all—of your mortgage payment.

So you are negative $600 a month on the first one, you will need to have the personal income to cover it and then still buy the next one.A couple of thoughts:1.

The one you can scale.I know successful business owners in the fitness industry, tanning salons, real estate, window coverings, maintenance, billboard, ATMs, etc.Generally, I would be skeptical of jumping into a business based on YouTube videos hosted by and featuring people that are likely primarily trying to sell you their respective courses.Small businesses can indeed be great investments, but they are hard.  

No surprises about not having enough to cover the balance.

Section 8 demand in Cleveland is through the roof, but unfortunately they don't actually pay that amount. 

These loans are geared towards those with lower credit scores, allowing them to live rent-free and cover mortgage, insurance, taxes, and maintenance costs.