I wanted to have a spot to rent out and cover the monthly mortgage payments while securing a small spot to have for myself in the next 30 years for when I no longer reside in Charlotte but want to visit friends, or downsize.

Then, compare those returns with the stock market’s historical 8-10% long-term gains to evaluate whether the investment makes sense.Also, consider whether you can comfortably cover the $1,000 monthly shortfall.

You are mention the higher costs for MTR-- I would adjust the cleaning fee and add incidental insurance like Waivo to cover those costs.

I'm used to paying a 10% management fee in other markets that covers the costs of paying utilities, etc., but RHR charges $10 per bill payment, a fee for renewing rental registration, fuel surcharges for service calls, etc.

Due to recent security frauds and banks not covering losses adequately, apps like Zelle may not currently be the best option.

Any other similar lodging...that pretty much covers STRs.Section 3 is pretty clear as well.

@Chris CoreTo find cash-flowing properties for your first investment, focus on house hacking with an FHA loan, finding properties with rents that cover your mortgage payment, using real estate investment tools like BiggerPockets, and analyzing deals in emerging markets with strong cash flow potential.

I personally have $100 cash ready to buy your property right now.Second, no, the open ended listing agreement suggested by some on here is not appropriate because that would mean that you think that the agent is actually representing you - dual representation - which is not beneficial to you and should not be legal, in my opinion.  

That covered any incidentals or lawsuits that could arise with my tenants on the property. 

There's language that covers all manner of possible issues, and it's 6 pages long, so I'm reviewing again since I'm looking to do MTR now.Considering I'd "only house-hack" right now for MTR, does anyone have advice about whether or not KeyCheck would be enough for all my house-hacking needs as an owner-occupied landlord, especially in terms of the leases offered and other necessary requirements (credit/background check, Docu-Sign, Online payment)?