If you wanted to do a 1031 exchange down the road to use that equity and trade up then that'd be a good idea.The homes I’m looking at buying are in the 330,000-350,000 range.

I've even had tenats bring their own range, but usually that's included in the lease as are dishwashers. 

If anything’s not up to code, you’ll need to fix it before they sign off.As for costs, you’ll have permit fees—those can range from a few hundred to a couple of thousand dollars.

Not one lawsuit, the guests are respectful of the place and it's easy to repeat the formula in multiple real estate markets across the country.

You can pretty easily find a duplex to house hack in a good neighborhood in the $300,000-$400,000 range.

Been there, done that, and came out of that price range.

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?

The group is full of those that do that and the people range in size.

What price range are you looking for?  

But trust is earned and as I learn more (and remain open to pivoting to MTR and LTR), not sure in our specific case, the 30% is worth it (which is the going rate locally) and can be in the range of $30K+ per year.