If you are limited to those areas for residency, and you choose to keep that job, you are going to have to either a) wait for a couple years and save up a heftier down-payment, b) change your strategy like you said and go for houses further away (do flips, STR or BRRR).Or, if you are sold on the house-hack concept, at some point you might have to look at a different job that allows you to move where house-hacking will work....

Quote from @Guillaume Vidallet: Hello,I will be closing on my first investment property in a few weeks in Buffalo NY and looking to acquire more in 2025 in different states (ohio, PA, Michigan), being a Florida resident, which state should I create my LLC in?

Big difference.

Investing in a per deal syndicate is different than a fund. 

It is estimated that in 2020 alone $48 Billion was invested in new projects in over 3800 different census tracts.

In other words, if you don't fill your unit in the slow season because you're afraid it will cut into your high season revenue, will the high season revenue more than cover the difference?

People love Vegas and it continues to bring new businesses (Hollywood 2.0) and sports teams, just look into different investment strategies. 

I use Stessa for accounting, I love it, it links right to my bank account/credit card accounts and I can assign purchases to different properties and units of the property for multi-unit properties and at the end of the year I have a simple report to give my tax professional 

Although this is going to be different with a shared kitchen.

For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.