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

If you walked into a bank, your pre-approval would likely never qualify for a house hack duplex.Did they count 75% of the expected rent towards your DTI? 

It's easy for people to say it's a scam because they expect to magically make money and when they don't they ruin the possible experience for others.  

These are jsut blanket averages though.Annual Revenue$61.3K+12%Occupancy Rate54%-1%Average Daily Rate$376.34+11%RevPAR$201.78+9%In this particular situation and the market, I'm going to guess that you are more intelligent as an LTR and trying to figure out how you bring in more income or lower expenses on that side.

Curious how our self-managed 3-unit STR/MTR performs with industry expectations.

Those figures will vary from lender to lender, but that's around where most legit lenders are. 

It’s still rough and has plenty of room for improvement, but I can upload photos of a distressed property, tax records, comps, lender rates, and local rehab costs.From there, it analyzes the photos to identify repairs, explains why they’re needed, estimates costs for each item, calculates the total rehab budget, determines ARV based on comps, and provides an expected return—basically automating a lot of what spreadsheets already do.It’s not meant to replace an analyst, and of course, everything still needs to be verified.

Then you can expect to get it rented.  

While I certainly think that reducing retirement account contributions and investing in real estate could be a great option for an early retirement, it requires honest conversations and detailed projections around your current portfolio's performance and expected rate of return on future acquisitions.

You'll need to get good at figuring out what each property needs on each deal.