i dont know anything really about Texas market other than there has been a big building boom and houses can be built very cheaply there compared to other areas of the country.

House hacking will be a risk-averse investment strategy compared to implementing the BRRRR method.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Compare what it would cost for you to rent your own place vs buy a home. 

They each have their own distinct feel.

Point is cash flow (positive or negative) can be inconsequential compared to the appreciation assuming you do not need the cash flow to pay the bills - cash flow is taxed, appreciation is tax deferred and can be avoided.I put forth effort to keep my RE investment significantly leveraged.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

@Tanya Maslach The operating agreement language will be drastically different for an LLC that owns/operates real estate compared to the operating agreement used for your media company.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.