If you don’t have any debt on your properties and you feel comfortable taking the risk of self insuring, you are still ignoring the greater risk from liability claims.

I have a great contractor and have explored adding a bath for 45k and/or add a bedroom (removing the large dining room).

They include Comfort Inn, Country Inn, Extended Stay Suites, 2x Holiday Inns and Candlewood.Here's the total view of employers based on my research so far:- Hospitals and Healthcare Facilities: Some search results mention the high demand for traveling nurse housing in Cookeville, indicating that local hospitals and healthcare providers are a major source of furnished rental needs.- Manufacturing Companies: The City-Data forum post lists several major manufacturing employers in Cookeville, such as Fleetguard, Ficosa, and Tenneco.

You need to be in real estate doing deals for about 5 years before I would feel comfortable advising someone.  

Currently, there are a few ways to house hack in the Denver metro area and still live for free depending on your level of comfort.1) Rent by Room - personally, my favorite strategy, you buy a large house, live in one room, and rent out the other rooms.

I keep learning as I go, but I still have to step outside my comfort zone to do these things.There is a certain level of satisfaction that comes with stepping out and doing something you are not comfortable doing and experiencing the success in doing so.

It used to be that if you found a 6-figure job in a college or resort town, instead of having to live in a big city, you had basically cracked the code of life and lived a very comfortably. 

Something like $500/mo OTM in San fran is solid, I don't know SF great but let's say SoCal area I would feel comfortable being $1000-$1500 OTM if the house location is excellent-- within 5 years I'm likely net positive on it. $5k/mo, it's going to take a generation to get back up to flat.

I mostly advise people to buy in post 2000 construction unless they can get very comfortable with a particular building and its finances and board.Quote from @Jay Lutz: @Christian Busch @Khalid Bryan How do you think the changes to the condo association inspection reporting and reserve requirements are impacting the market?

From The House Hacking Strategy, published by BP (and I'm a case study in the book), Craig talks about the profitability to comfortability scale.