I would recommend highlighting a specific area and then getting in touch with the local REI group.

Quote from @Jayne Segman: Thank you. can you tell me what I should search for in the counties website specifically.   

I don't recall the specific name of these facilities and cannot find the podcast.

Here is what I'm taking for reserves (outside of location specific expenses like home insurance, utilties, taxes etc.)- 10% for future property management -10% for vacancy-10% for CapEx-5% for repairs and maintenance-5% for lawn and grounds keeping-0.5% of purchase price for PMI based on my credit score For a house hack, is this too conservative?

For this first property, I can't really think of anything specific I would have done differently.

I am reaching out for guidance and assistance as I embark on my journey into real estate investing, specifically focusing on rehabilitating and renting properties.

. $4K per month is kinda my magic number for making this work for me, so I'd love to hear your specific numbers.

Most algorithms aren't set exact or specific.

Some of the clients that I work with like the ability to  have an easier time qualifying for business lines of credit, business cards, or other forms of credit that is not specifically a mortgage or real estate related.

Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,