. - Family: Kids? 

@Colby Burns  Agreed regarding the PM side with them (A member of my spouses family had a horrible experience with them)  Regarding the construction side, I cannot speak to. 

Investment Info:Single-family residence buy & hold investment.

The last 12-18 months have been a little rocky in the DSCR space for 5+ units. I find DSCR most lenders are 8 to even 9% for max leverage on 5+ right now. I know of a lender around 7.3%, but curious what everyone else...

Estimated costs range from $500–$1,000 annually, depending on the complexity of their LLC and rental activity.For Partner 2 ($148K joint income, W-2, 1099 income, 1 rental, 2 kids), a CPA is strongly recommended.

They’ll help you identify the right areas, run the numbers, manage renovations, and handle leasing.Focus on neighborhoods with strong rental demand and properties that are undervalued / in need of manageable rehab.

@Madison SloanTo start house hacking, focus on saving for your down payment, researching target markets like Salt Lake City or North Idaho, and building a strong team of professionals, including an agent and lender.

And, again, eventually a strong business model/niche will show its numbers and then everyone will be doing it.

I believe these systems only work if you have good employees, in which case a bonus is unnecessary.I provide strong compensation, some benefits like 401k, growth opportunities, and a strong work culture.

Hey All,
Im a newer memeber looking at the Hunstivlle AL rental market! Any advice or recommendations on where to purchase a long term property for rent are appreciated! Otherwise, I'll try and do the research myself...