But you also SHOULD have some vacancy and some capex on an 80 year old house. 

Quote from @Vid Vin: Was the house really for 2000 dollars?

Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend. I understand that they would all be considered ...

If it is a high end housing product you may have to use a designer because they have access to some material/finish suppliers that are otherwise unavailable but that tends to only be for the highest end housing deliveries.

This is where most people start getting nervous. And, honestly, it's for good reason. Having good residents can make owning a rental house a breeze, but bad ones can make it a nightmare. Fortunately, there are practic...

You see a boat jetting across the bay and then he walks into a luxury house.   

My plan is to start house hacking.

I obviously want to get the best tax benefits and write off the expenses for the house and repairs I have done.

Happy to discuss this further on what might make the most sense for your end goal.If you are renting right now and starting your path in real estate investing, as said above, I really do like the house hacking strategy for your situation.

Stock market returns have been good and I don’t have the headaches of dealing with any additional houses or guests.