Cute, modern 1 bedroom 1 bath apartment in one of the best areas in Split, Croatia.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Therefore, working with a single real estate agent doesn't make much sense as it will limit you to his/her very limited inventory and he/she might have as main objective to sell a property to you take advantage of your lack of knowledge of the market.

For co-living spaces, it’s important to confirm that lenders are comfortable with the unique rental model, as it can impact property valuation.

With current interest rates (at least in Canada and guessing the US is similar), you'd be further ahead investing that money elsewhere and continuing to let the tenant pay down the mortgage with their rent. 

I’m still in the option period, so if the numbers still don’t work, I’ll move on.  

So I was just wanting to get opinions on the best way to leverage the equity and heloc I have? 

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If the latter, then that should come out of the $2,675 in revenue right?

I have house hacked and it was awesome for the most part.