Renovations can cost more than you expect, add 10% to your overall number.

Looking for something with low acquisition cost, and meets or exceeds the 1% rule.  

You end up with Hotel Quality sheets / soaps for the cost of Amazon or even less.

"the typical home warranty costs $450 annually, and only 25% of premiums are paid to homeowners.

So for the first property which will cost over $1 mil to construct, there will be stacked loans, essentially $280K will come from loan assistance program,( the name is not correct but the same idea).

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

Refinancing has more nuances than it seems, and so do closing costs.

To offset costs, I’m planning to buy a duplex and pursue a house-hacking strategy:1.Rent out one unit as a long-term rental.2.Live in the other unit and rent out the bedrooms as short-term rentals (STRs) through a furnished rental approach.Before diving in, I have a couple of questions:1.Can I use a property for both short-term and long-term rentals?

That may increase your cost or limit the coverage you can get.The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.

The cost is the same for a roof on a house that rents for $800 per month is the same as on that rents for $1800.