These costs will eat into your cash flow and ROI, but if you find the right property it's a great option. 

In the meantime, the contents of my 2nd bedroom, where my daughters sleep when they visit, where my studio is, and where I store many things are now in my kitchen eating area.  

With a fridge and hot plates, he can prepare a meal or eat takeout.

Music is a really, really hard profession to make a living unless you like being a starving artist 🤣 - me, I'm an Italian who likes to eat so I needed a backup plan!

Flood insurance is costly and can eat up some of our returns.

Avoid condos as the condo fees eat up cash flow. 

Hiring a PM and living in a different state would eat into your profit.

It's something I'm still learning about, but I also understand from what I've been told that non-owner occupant taxes in SC almost triple and can eat up your cash flow at the end of the year.As a result, I've been looking at some places in NC that I'm kinda of familiar with like Gastonia, Hickory, Greensboro, Winston Salem, and Fayetteville.  

House hacking will reduce (and possibly eliminate) your housing costs, which will be a significant help to you and give some stability when starting out as an agent, given the 'eat what you kill' nature of the commission-only pay.  

eg. one lady had to tell me about her cats that only eat organic food, use organic litter and not not shed because they live in an organic environment....blah blah .