I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.

Another option would be to utilize a property manager to manage everything and keep a buffer between you and the tenants.

It's mostly about making $ out of the world economy WITHOUT actually producing anything of value. 

I plan to put a $600 utility cap in the lease.

Are there any strategies here to utilize bank funds for our project?

@Shmou N.ShmouYou can collect Rent and all other fees; Utilities, parking, or any other fee needed.We don't currently have a notification of the deposit but I will add it to our develoemt roadmap and you will see it in an update.

I need to work on my introduction just to produce a back story to help others understand where I am. 

After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.

But when it comes to choosing or creating investments that will produce a return along with personal fulfillment or enjoyment, then I say it definitely matters what you invest in and where you invest.  

It's been great - the property is 100% paid off and the house is worth 300-340k generating approx $2300/mo (that's after utilities/management fees etc.)I'm considering selling the property to buy 3 more within the same price range in the same market.