And this is your best chance of house hacking while covering most of your living expense or maybe even cashflow if you buy in the right area.Hope this helps!

Let's say the AC or Heat goes out in 60 days, do you have funds to cover that?

you said "rent covers mortgage." you need it to be significantly higher than the mortgage to cover all the expenses you are going to incur.hope this helps...

He's glad that his PM covers certain areas of Akron (near University).

Always push for utility bill backs or tenant covered electricity in your leases.

I BELIEVE this credit would be treated just like covering buyer’s closing costs. 

Insurance was way more expensive this time—which I've heard is a nation-wide phenomenon—and it's the first time since the NAR settlement that we've purchased, so we had to cover part of our agent's compensation.

To cover renovations, I secured a $60K hard money loan, allowing me to improve the property without a significant initial investment.

As for the areas to target, my goal in getting our feet wet as real estate investors--and since we plan to be living in Sac--is to find a property we can live in while renting out one or more units to help cover our housing expenses, which we can then hold and continue to rent out when we move.

Can anyone recommend a good property manager that covers Modesto, CA?