Another pro tip.

A few tips: maintain a solid credit score, organize your financials (especially your proof of funds), and be ready to show that you have a solid plan for your investments.

Thanks for the tips! 

Any stories, tips, or advice would be hugely helpful as I decide whether to move forward or reconsider this purchase.

So to summarize here are some tips for a newer investor looking to househack:1.

Are you thinking that some software will replace a hands-on property manager? 

Any tips, advice, or guidance you can share would mean a lot to me.Looking forward to learning from this community and sharing my journey as I progress.

Does the 60% the condo-hotel takes include the HOA fees or utilities or replacement of furniture/repairs to the unit like plumbing or stuff like towels and sheets etc?

Additionally, since you need to replace your vehicle soon, you should consider how that $30k purchase fits into your overall budget.Take a close look at the current housing market in Orlando, where prices are around $400k for decent homes.

I’m looking for some valuable tips on up-and-coming areas and would really appreciate any insight you can offer.