I think you're in the right are for investment affordable housing .

How many micro units will you have in that one house?

I would say that the value he brings is finding the deals, doing an initial diligence, having a local team set up for renovations/repairs/property management as well as knowledge of the neighborhood.

As of today, the house rents for $3,400 per month and my PITI is $2,500 per month.

If he kept the house, then your statement would be correct, because there is no immediate taxation of insurance payout.

So the question is whether your house is a good rental investment long term.

I love investing and developing myself, but I do not have enough experience, and this is what makes me hesitant to enter this field.So I want to ask you, what are the ways that will make me start investing in real estate or long-term housing?

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

If you aren't going to be living in Texas then it would be tough to do a house hack there.

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.