Since I list some of my (very few - I only have 3 residential units and my commercial ones are all managed by others) units every 2-3 years, I forget how to do it, and even standard operating procedures change a lot at that frequency, rendering them much less useful.

Some people like to live at a higher standard of living than others . 

Step up into the 300k or high as you can and you'll see some great appreciation, quality renters and shorter vacancy periods if any.Sink as little into Dead Equity as possible, write off everything you can and after 5 to 7 yrs, when you click on my website and see: 100% 80/20 680 score, NO DOC Hybrid Option Arm with 1% min. payment rate100% No PMI to $1,850,000100% No PMI- one day out of BK to $1,000,000SELL, SELL, SELL, SELL EVERYTHING!!

Katie,I am HomeVestors Franchise and will openly admit that I wouldn't be where I am today in my REI career if it wasn't for the quality of mentorship that I have received.

After that you can decide on what market/area you want to invest in In order to house hack I'd have to have the type of income to quality for a home and here in my state the home market is between $350k to $600 kMy income would only qualify me for Maybe $150k worth of house.Im unaware how to move forward with a house hacking option at these prices.

Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You gave me some quality information I hadn’t heard of a direct booking strategy for repeat guests before.

Hey @Adam Hoeker some my clients use QuickBooks, and it is definitely a great and industry standard accounting tool.

No tenant-made upgrades allowed, unless they're professional quality.

Section 8 can provide a steady and reliable source of income from government-backed rent payments, but with that said, make sure to do your research on the local market to ensure demand, and be prepared to meet the property standards required by the program.