Depending on how the water is getting in, there may be cheaper methods for sealing the basement walls from inside.Keep shopping until you find someone trustworthy with solutions.I would also consider going after the first contractor because they robbed you.

In both cases, having a property manager who can adapt to the specific needs of each asset type is essential.I believe that the best property managers understand that profitability and customer experience are not mutually exclusive—when both are done well, everyone benefits.Thanks for bringing up this great discussion!

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.

Just stay flexible and be ready to adapt to market changes or your own financial situation.

I want this to be acceptable long term if I keep this method of financing. 

If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.

It is never late to change and adapt when things happen.

House hacking is the best tried-and-true method for new investors in my opinion.

I hope to find a single-family home with at least 4 bedrooms, use the BRRR method to turn it into a short-term rental property.