Is you paying an Uber Driver "welfare" payments? 

I am thinking about taking out 5 to 10% to fund a down payment on my next live in multifamily house hack.

See what down payment and reserves you need and make sure you have that in place or if not, you know what your goals are for 2025.

Financing contingency is there if you can't get the loan at the amount you thought, interest rate is raised or your payment changed higher than you put in the loan could give you an out.

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

I'm looking to invest between $50k and $75k as the down payment. 

@Ben SyzekFor long term rentals in Colorado Springs you will need to find a deal at 50% ARV (This is very hard) or do a large down payment of 25-35%.

Also, verify rent payments for last 2 years.

We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

-Rent collection and financial management is probably not at the top of the list based on some of the challenges that we hear about, mainly because if you are lucky enough to have solid tenants and low vacancy, this is easy peasy, but if you have some challenging tenants that default on payments, or the possibility of an eviction arises, it can be worth paying a management company to help guide next steps.