If it is the first, one of my rentals is a townhouse style condo for 55+. 

That is their style and it works for them.

With the right approach and a bit of hard work, house hacking can be a smart way to build your real estate portfolio and achieve financial freedom.

You can achieve that by hopping on a quarterly 30min-1hr call.We don't provide tax services but have a lot of experience collaborating with our Clients' tax pros and I've taken advantage of tax strategy services as an REI myself.

Assuming a required rate of return of 5% (comparable to high-yield savings or a CD), the deal would need to yield a total CoC return of 10% (since everything is split 50/50).I'm stuck because while playing around with numbers, achieving this return seems improbable if not unrealistic.

That is a small kitchen so looking at less than 10k all in, the flooring 7-8k if you are using a life-proof style LVP and drywall/paint about 5k based off your SF.

I am a featured agent in Memphis, TN and I am helping many of my clients achieve purchase prices like this all the time!

Let's team up and achieve success together!

How do I navigate the processes and find the right approach to adopt for achieving my goal of generating an income and preserving wealth in the long term.

Especially since this tenant is a younger, college-aged person and potentially would be a high risk for things like leaving the gas on.Any recommendations on brands/models/styles for a long lasting electric stove/oven?