I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential! 

Is it worth the extra work?

He is always having issues, confrontations, ongoing drama and the like.....You just provide an excellent service and smart people will pay extra.

Once you take over a property as an owner occupant, if it is a single family or condo you can live in it for 1 year and that automatically exempts your unit from rent control.

I think the big question is how badly do you want to keep the extra $50k liquid?

I live in California, this is a bay area property.were not looking to move out of state and house hacking is less palatable when a duplex costs 1.6 million.

Even if buying a property Subto in GA and you live in FL, you could miss something and the whole deal does a "crash and burn".

Are you planning to live in the property or use it purely as an investment?

I ASSUME you’re talking $400+ in extra expenses for providing water, power, sewer, gas, internet, communal area cleaning, and exterior maintenance.

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.