Challenges?

Challenges?

Add maintenance/cap ex, vacancy, PM, misc and this is likely negative more than $500/month even if self managed (much more than the negative $200 that you indicate you are ok with) 2) if you are behind on mortgage, how are you going to handle being negative $200/month, or more like negative $500/month?

If I would have known about these earlier I would have bought less personal real estate, but again it depends on your goals of leverage, building wealth, risk, and your overall perception on how to handle your money.      

After reading Brian Burke's post about his apartment syndication deal that went terribly wrong, I understand even very successful people can face some pretty challenging situation.

Hello Kelly, House hacking is alive and well and yes depending on what market you are in it will be challenging to acquire something that will allow you to live rent free.

You building and handling the rental, hanging signs, etc is an orange.

Last-minute trips are rare but can be avoided with a trusted local contact handling issues promptly.

You certainly have a good skillset and occupation match to handle it, but let me say something that others might not say.

The soil here was clay so the digging even with excavators where they could use one was challenging.