That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.

Generating equity is often second to that.

If you pay down $100K in loan saving you $1K in monthly costs against rental income, or you invest that $100K in something that generates $1K in net income the result is similar.

If you want to be generating leads from a website, SEO will help with credibility and long term visibility, and an attractive website will also help with building credibility and trust too.

Conducting a thorough property inspection or consulting a contractor can help identify potential large-ticket items you might need to replace soon.For make-ready costs, you can look at local averages for common turnover tasks like repainting, carpet cleaning, or minor repairs.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

Things like touch-up paint, minor trim fixes, and final deep cleaning can often be done while showing the property.

 Hey GUYS

Over the years, I’ve worked on creating high-converting funnels for marketing agencies, and one thing I’ve noticed is that the core principles of attracting, nurturing, and converting leads are just a...

Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees. 

 just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..