I’ve never had this specific issue but mistakes like this are pretty common. 

Common problem, no easy answer:(We try to allow our owner clients to arrange their own maintenance, but have learned the hard way there MUST be limitations:1) They can't hire our people!

out of state is more difficult than advertised. do you already own a primary residence? 

Sales comparison A common method that compares the property to similar properties nearby and their relative prices.

It's technically avoidant of advertising or self-promotion, but it always is blatant self-promotion opportunity.

Very common.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

@John Lasher I didn't, but you're right that it is a common path. 

High 6s to mid 7s is more realistic for the most common deals (70%+ LTV).Also, the FFR doesnt really directly impact mortgage rates.

I'm curious to know how you guys go about advertising room rentals. my current tenant who rented out the whole room will be leaving and I think the next best step is to do room rentals.