House hacking locally is typically going to be the least risky way to get started, even if it is more expensive of a property.

@Diana Mulvihill A lot will depend on your local market and competition.

I can check in with my local bank, but I don't want to waste their time when I'm not yet serious about doing a loan with them.   

Is the washer price set higher then the local laundromat and are the dryers priced lower?

We get granite for around $40/ft installed from a local shop. 

If the locals say it's rare then I would not worry.

I'm a part-time CFO (Chief Financial Officer) for real estate developers across the country, most of whom are trying to give back to their communities through their real estate development skills.I'm also a former Director of Lending for a CDFI that lent money to local developers rebuilding LMI and under invested communities. 

Pricelabs Market Dashboards – Great for analyzing local comps and pricing trends. 3.

Research local rental demand, especially from military and university tenants, and consider balancing your portfolio with single-family and multi-family homes.

The 6% vacancy rate is a good estimate, but local market fluctuations could affect rent.The HML terms (11.95% with 3 points) are high, so ensure a clear timeline for refinancing to minimize interest costs.