They can move into rental properties without the burden of large upfront costs, freeing up their cash for other expenses.

As well as UN-realized expenses.

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

You would need to tap into what the market may draw because not all markets could support this type of guest avatar.You may be able to get just enough bookings to at least cover your monthly expenses by leaning into your listing and how you market the property.

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

$700 negative cashflow without taking into account several expenses.

Being in Washington State, where properties are expensive and good deals are scarce, I see this as a potential opportunity to jump into my first real estate investment.

Montgomery county, and now Frederick are becoming too expensive for it to make sense for us right now.My biggest surprise, that's a good questions.

Cut expenses and work, no way around it.

We can all agree rising operating costs dictate revenue needs to offset expenses.