Quote from @Chris Seveney: @Jay HinrichsI plan on checking them out.

It sounds like you got a solid plan for your first investment. 

Since you’re looking for a house hack, just plan on managing it yourself for now.

Quote from @Cynthia Lee: Accepting even $1 could be seen as evidence of a payment plan, and the entire eviction process could be derailed.Once you start the eviction process, to not accept any payment unless it is a full payment in certified funds (cash, money order, cashiers check).

Purchase price: $313,000 Cash invested: $62,600 Vacation Home and Air B&B

Don't solely rely on third-party management companies; instead, focus on building a solid asset management plan and, if needed, bring in experts or partners who excel in this field.

At the courthouse, the tenant signed an agreement to vacate the property by December 1st.

I would consider selling if you have lived in the home the past 2 / 5 years since you have a decent amount of tax free equity in there but as long as you have a plan to reinvest those funds.By your numbers, since you have an amazing rate and high rents, I would consider renting it out if you believe your area will continue to grow in value.

I would also focus on landlord friendly states if you are planning to rent.

How Ford’s BlueOval City Project Impacts Real Estate: A Setback and Opportunity for InvestorsFord’s massive BlueOval City project, a planned $5.6 billion electric vehicle (EV) manufacturing campus in Stanton, Tennessee, is a game-changer for the region.