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.

@Mitchell PetroskyHere is a structured approach to house hacking, including getting pre-approved for a loan, identifying an ideal investment property, building a trusted team, researching and making offers, managing the property effectively, and overcoming common challenges.

Has anyone here tried different approaches?

Short-term rentals are such an exciting avenue, and your approach of blending investment with family usability is both smart and rewarding.We’re thrilled to have you here and can’t wait to see your journey unfold!

Whether you’re trying to find off-market deals, build a pipeline of motivated sellers, or scale up your operations, there are some game-changing tools and methods that can seriously boost your efforts.I’m really passionate about helping others take their business to the next level, and I’ve seen firsthand how these approaches can deliver results.

It keeps things flexible and accessible, which can make a big difference for everyone’s schedules.At the end of the day, I don’t think your approach is unreasonable at all, David, especially for higher-value properties.

Each approach brings its own strengths, and the BRRR strategy is excellent for building long-term wealth.

I'm curious how other people approach this to let others know, "I'm the local guy who wants to reinvest into our shared community." 

In the DMV area, there may be differences with how you would approach investing in different cities so maybe attending different meet ups in different areas, e.g investing in DC would be different from cities in Virginia, Maryland etc.

Depending on your portfolio, a few approaches are easier to get up and running quickly!