This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.

If I managed the properties myself, I would save about $900/month.

I have saved up some money but my goal is to save up at least 20k in a year before I start looking for options on house hacking in a duplex.

Budget carefully, prioritize high-ROI renovations, and adhere to strict timelines to maximize profitability.

I’d recommend saving that $295 cash flow for some amount of time until you have considerable cash reserves saved up.

(Not even close to maximizing your revenue but that's what most people do. 

The biggest question you need to ask yourself is if you are doing this to afford a property you otherwise couldn’t afford or to save money period, that will lead to very different conclusions about where/if to buy. 

@Trevor McCormick to piggyback off what others have said, determine if you are trying to maximize it as an investment or utilize it as a vacation home you will STR to help cover expenses, as this could dictate which type of property you are looking for. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Operationally, it's easier in multifamily and you'll have cost-saving opportunities as well when it comes to certain expenses.