House hacking is a profitable way to start real estate investing by living in your property and renting out parts.

How would this work since I'm required to try and make a profit, but between deprecation and ordinary expenses I'll be at a massive loss each year.

Once on the verge of being scrapped, the ship has undergone $45 million in repairs, boosting visitor numbers and profitability.

Plus I just got an offer in this property with 45k profit and I think I sell it.

Roughly a 1300 profit after taxes etc etc. last year was a down year due to evictions and remodeling. this home is on a conventional loan.

When you buy a property, and hold a mortgage on that purchase, the excess cash you have between rents and costs is a form of profit but the short fall is NOT a loss, it's additional capital investment. 

It's been fun/interesting/profitable. 

They are in the closing process of selling their house and will profit from it and the money will go into housing for the mom and the 2 kids.

I do look at the population, rental laws, rental laws, and major businesses/organizations (hospitals, universities, big business, etc.)

If we make a profit of $130k by selling the townhouse and minus all the cost (agent commission, selling cost, maintenance), then we use it to recast on the sfh, the sfh mortgage will be down about $800/month.