----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Look into connecting with some local investors, they typically have meet-ups often and swap stories and different strategies.

Third, the typical person renting a room is not a home buyer candidate. 

However, required downpayments were typically 40-50%, and would be difficult without a residency visa.

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

The important things to consider about HOA fees is that they usually include some utilities: Water/Sewer, Trash, sometimes shared amenities like gym, clubhouse, pool, and they are saving you the time and headache for property maintenance: lawn care, tree timing, roof, siding, etc.

HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

Spreads between conventional loans are typically 100-150 bps of the loan amount.

I do not have a traditional W2 job so I can't pursue the typical conventional loan or a FHA since I don't have income (hence the DSCR route).However, I've seen that most DSCR lenders do not lend if the loan amount is less than $100K.

Unless a different one would be better that you could suggest   If you are house hacking you can utilize 3-10% down. 20%+ is great to put down but not always possible.