-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.

Long term hold, with buyer planning on carrying existing financing to term without the ability to quickly cure default — terrible strategy with huge risk for both parties.   

. - WRT income, at a minimum it has to cover all of your costs plus some for unforeseeable expenses.  

The down payment and I'll cover the rest with renting cash flow.  

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

You are LOSING money because you didn't even raise rents to cover those increases!

The left over would cover the difference in monthly payment for about 2 years.

As of right now we are establishing relationships with Brokers, had done some pre marketing for our investors to fund EMD and DD.

Personally, if I were to sell the stock, I would buy more property, not pay off the existing one. 

Quote from @Isadore Nelson: I recently acquired a property with an existing tenant who has been living there for about four years.