Watch your expenses.

The basic rule for the amount of cash to have at hand is 3 months of ALL expenses as if the rental was unoccupied and you had to pay all the utilities on top of the full Primary mortgage, Interest, Taxes, and Insurance (PITI).As well, it's pays to have a bit more because life happens.Good Luck!

As we get to retirement I expect our expenses to reduce for example today we have a home mortgage in retirement I would expect to pay that off. 

The guests are horrible, the expenses are very high, and the ROI is awful.

The income from rental investments is the rent minus allowable expenses.  

I’m looking for a duplex at the moment but everything is so expensive in the Northern NJ part.

His claimed expenses are only ~$20k.

Currently assuming an expense ratio of 40%. 

The power in house hacking comes from two main things:- Reducing your housing expense- Primary residence financing The first one, sure I guess you could do that in some kind of commercial space.

But that doesn't mean it should be at the expense of other people's financial well-being.