Good for you in not only figuring it out early in life, but also asking others about their experiences and best practices.

Long story short, there's a legitimate reason to charge a minimum management fee but I personally disagree with the practice.

@Tyler CagliaThis is like asking to describe everyone's personal practices in protecting against the virus.

It's the adding onto the backend/loan modification stuff that ends up putting the intent of the act into practice. 

I see various Ads for range of interest rates regarding refinancing .how much closing cost and fee differs between no name lender VS big lenders like chase, well Fargo, BOA etc ?what do you prefer based on your experi...

Meanwhile it is giving me somewhere to live practically free or very cheap.

I'm still practicing analyzing deals What do you want to know about this deal?

@Tyler Santos  I think website has more upside because (a) in your outreach marketing you can ask people to go to your landing page if they want to stay in touch, and (b) if you can build good keyword content on a website related to your market/activities, you can get daily traffic from Google search (SEO). 

Question:From a numbers and practicality standpoint, am I better off to upgrade my personal residence so I can house hack, or take that same cash and put it towards an entry level B or C class rental home?

It was my first commercial deal and a made for a great practice run to BRRRR a multifamily.