the short answer is... the deal has to work based on all of the findings and factors. 

You would need to factor in property tax and insurance increases and future repairs/cap ex. 

Only thing is, I'm finding the main companies start at about $300 a month.

If I house hack and live on the property, I sacrifice living in my own home which has been my main goal over the last couple years. 

Can be side hustles, education, applying at other places but income is a huge factor in order to invest.

You have to factor in the increase in the cost of your money.

Then once the rehab is complete and rented I would refi into a DSCR loan where your DTI is not factored in.

Quote from @Devin Peterson: Quote from @Hassan Tejan-Kella: Hello all I'm a 6 year investor mainly involved in long term rentals.

The other strategies will take more time and effort, which need to be factored into the cash flow difference.

Here are a few tips that might help as you get started:Market Analysis: Since you're open to out-of-state investing, look for markets with steady population growth, job diversity, and a balance between rent prices and local wages—those factors often hint at stability and demand.