I did not have your mentality at 21.I'd say you are headed in the right direction with the strategy you are considering - househacking.You'll be able to use a low-down payment option, learn to manage properties, create systems for managing maintenance projects, have your tenants pay most or all of your mortgage,... the list goes on.There will definitely be hurdles but like you said...you'll make it work!

It is being offered at $47 per month by the Property Manager that we are planning to hire.

Hey Kafka, I'm a broker / investor / property manager here in Sacramento.

That does not factor in my project management time, travel expense and accounting time.

(For SF rentals, the odds are surprisingly low if you are managing your business properly.)

Property Owner>>How can you manage that billing?

Having a great property manager is so important.

Try interviewing at least three managers.1.

All that being said, I don't want to dump a whole bunch of money adding A/C, W&D and maybe even a hot tub as you mentioned for a STR that's going to cashflow very little (after property management since I'm in Florida) and stay empty some time of the year. 

Hello, I work for a property manager who currently is using ABODEA to assist with calls from tenants during weekends and evening time when the office isn't open.