And as we close more deals, gain experience, etc. we'll move up on the list for experienced brokers?

Over the next year or so, I plan to learn as much as possible while also connecting with people in my area to gain a better understanding of the market and opportunities.

It’s how you remain “poor”, not how you gain financial independence.  

I'm learning about this field and I am not sure what sites to trust for gaining information on the estates and who are credible sources.

Over time, the benefits of house hacking, including potential rent increases and the ability to live affordably while building equity, can far outweigh the initial concern over under-market rents.Keep your focus on the long-term gains, and you'll likely find that house hacking is one of the smartest financial moves you can make.

Is there a way to analyze the owner's statement so that I can challenge the property manager, aside from gaining all the experience with "reasonable" costs myself so that I could analyze on my own? 

Also look to see if there are co-op programs where it may take 5 years instead of 4 to finish, but they are gaining experience and networking.

Y will collect rents and pay for all expenses on behalf of all rental LLCs.6) Any leftover gains from Y will flow into X which can be distributed to its members at the end of the year.

Wouldn't you say accountants have more to gain year after year with tax return prep if their clients were to have numerous entities requiring business returns to be prepared…..I am not suggesting  there aren't attorneys out there who upsell services.

If you keep it as your primary residence for 2 out of 5 years, you can sell and get a capital gains exception of up to $250k.