In addition, a strong property management company will tackle all aspects of marketing, application, ensuring resident satisfaction, fair housing, handling late payment/evictions, renewals, etc. 

Their figures are labeled as "Fair Market Rent" and are the MEDIAN rent foir the area, which means it is the middle rent with 50% above that rent figure and 50% below that rent figure. 

Just be fair and honest and follow the law.

@Kristian Forbes Short of doing another house hack or negotiating the purchase price down a fair amount, I think that's going to be a tough one to make the numbers work.

After about 10 years I have accumulated a fair amount of small multifamily properties. 

Hi Carlos, Tucson is a fairly inexpensive place to start house hacking compared to a lot of the west coast.

Now to be fair and balanced like fox news I have met folks at these events that paid the 30k  during evening break and a glass of wine i would ask them what brought you here..

If your property is the only one without a driveway, then yes, it may lower your ARV.One of the properties I own has a neighboring property that is the only property in the area without a backyard and without a driveway, and it is fairly lower than all the neighboring properties, although it is nearly identical in structure.

I thought the program’s 50/50 profit split would align our interests and ensure they provided solid guidance, especially since I was new to the field and nervous about making such a large investment and thought the 50/50 profit split sounded fair.

Thanks for this effort to share how to save a bunch on interest paid.