This experience reinforced the importance of collaboration, strategic planning, and flexibility in achieving successful outcomes in real estate investments with Partner Driven.

I am currently house hacking a property and planning on moving out and renting out completely.

Hope you weren't planning on a lot of short term rentals. lack of wifi access would be a bummer. 

Im breaking the ice tonight, to explain a little about myself.Ive scrolled through many forums here, in took a lot of information I've read, and used it to plan myself accordingly.

And it is only like 20 bucks/year like others mentioned so unless you plan on being locked in analysis paralysis for a year you will not even save that much...YES if you are buying turn key and plan on using property manager for everything. 

There are many risks, consideration, knowledge, strategic planning, decision making, and real experience skills that are needed to succeed in real estate investing.

@Eddie Smith we've found the two biggest tenant complaints:1) Maintenance expectations not met (taking too long)2) Expectations of communication not metThere are many more complaints, but majority are tenant-caused that they want a free pass on: waiver of Late Fees, Payment Plans to avoid eviction, being allowed to get a pet or otherwise violate their lease with no repercussions.

A good rule of thumb is to plan on spending approx $10k on all the standard items for your unit like your washer & dryer, linens, small appliances, dishware & cookware etc., plus $2-3k per bedroom.

Do you plan on buying properties that need rehab?

In New Jersey pseg will repair appliances if you have a $6-10/mo plan per covered appliance with them.