As a first-time homebuyer, I aim to venture into real estate through house hacking a duplex.

Meanwhile, my suggested steps 3-4 are completely ignored despite offering the greatest preventative measures not to mention providing huge cost savings over time.

It is always recommended to do a cost benefit analysis before doing a project to determine the feasibility.Whether using private money or not the cost benefit has to be addressed.It will affect investment and equity when measuring profit.

Aim for 15% of purchase price in yearly revenue6) if you don't purchase turn-key, come up with a furnishing plan7) get pro-photos, find a good cleaner, either via Turno or preferably by talking to locals8) a lot of youtube videos will overcomplicate the start (launch of 5 platforms, build a direct booking site, get the worlds best smart lock, automate all sorts of messages, connect to dynamic pricing, etc.)  

This measures the servicing sector which accounts for 2/3 of our economy.

Which to me is an old over simplification measurement of an investment property, it's only one metric.

I am new to real estate and am wanting to get a good understanding of the market in the area in order to figure out what I should be aiming for to get in return per month.

You can earn strong returns too - I aim for 15-30% returns on passive real estate investments. 

Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.LTVThe loan-to-value ratio, or LTV, is a measure of the relationship between the loan amount and the value of the commercial real estate (collateral).Calculating the LTV helps commercial real estate lenders determine both the qualification of a borrower and the proposed terms of the debt being considered.LTV = Loan Amount / Appraised ValueBe sure to understand that the LTV will be calculated off of the appraised (market) value of the asset.

Well, the Managing Member, the SOB, upon a receiving a large capital gain from sale of property [a §1231 gain] took the unusual and selfish step of grabbing most of the proceeds [damn the OA], and for good measure allocating a lot of gain to Members [again, damn OA].