The BRRRR strategy can be profitable but it requires extensive knowledge, trustworthy contractors and careful market analysis.

How are we be sure these glitches are taken care of if we outsource them?

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Softwares run me about $80,000 per year for PMS, Pricing, Lock Automation, EZ Care (housekeeping and maintenance). 

We hope to own this building for a long time as we enjoy taking care of it and continuing to make it a staple of the neighborhood.

Document all rental-related expenses and mileage carefully for tax purposes.This post does not create a CPA-Client relationship.

They charge $1000 if you buy one of their pre selected properties.

With careful planning and a willingness to learn, house hacking can be a rewarding and profitable investment strategy.

Federal government doesn't care.

Long-Term Potential: Consider the type of project carefully.