Recently, I discovered that I'll likely have to repair the foundation of my house to prevent any new cracks from forming through the cinderblock walls, however, I'm not sure other large expenses I should look out for.

For shared living spaces, durability should often take precedence over luxury to minimize the need for constant repairs.

., because I don't need all the extra services they provide; I just need an accounting service specifically for PM.

Conceptually think of house hacking in the NYC metro as a reduction in rent.It all boils down to the numbers, but if the direct property costs (mortgage + insurance + tax + capex/repairs + vacancy) - the income (rental income) is less than your rent, you are effectively saving yourself money, aka "rent saving"I did this in 2014 in Westchester county (different location, different time, different market), but effectively cut my rent in half.Regarding Basit's suggestion, I would follow this ONLY if your cashflow from the other market is greater than the "rent saving" in NYC on a per dollar invested basis.Joe

First and foremost, thank you for your service.

Every lease starting 1/1/2025 to have boldface lettering in 12 point font stating the following:EVERY TENANT IS ENTITLED TO SAFE AND HEALTHY HOUSING UNDER COLORADO'S WARRANTY OF HABITABILITY AND THAT A LANDLORD IS PROHIBITED BY LAW FROM RETALIATING AGAINST A TENANT IN ANY MANNER FOR REPORTING UNSAFE CONDITIONS IN THE TENANT'S RESIDENTIAL PREMISES, REQUESTING REPAIRS, OR SEEKING TO ENJOY THE TENANT'S RIGHT TO SAFE AND HEALTHY HOUSING.    2. 

If you finance at 25% down, 25 year amortization and a 7% rate you will not cover mortgage and interest let alone insurance, taxes, vacancy, repair, etc.

I see this section:"If the address of any record owner is not located in the county in which the dwelling islocated, the name and address of a person who resides in the county and is authorized toaccept notices from a tenant, to issue receipts for those notices and to accept service ofprocess on behalf of the out-of-county record owner(s) is as follows:"What am I supposed to do in this case?

This means building contingencies for vacancy, repairs, insurance increases.

Ricardo,You have a couple of options if you decide to go in with "All cash" you can do a delayed financing loan after you close that will give you back 80% of your purchase price, plus any renovations/repairs.