There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

But also was a costly lesson for me.

If you are unsure, to start, hire a property manager and don't let the tenants know you are the owner. 

Ignore the $1,250 per month because that's your cost of housing, if you didn't pay that on the home you'd have paid that in rent so that's a non factor. 

A $107k NOI with a 43% expense ratio is impressive, even with rising costs like taxes, insurance, and utilities.

You might want to partner up with a friend or family member to mitigate the costs.

A typical PPM will cost about $10K. 

If you think you will have it for less than 4 years I would say go with the HELOC because you have less origination costs.

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me.