The rest of the money that is budgeted is going into the reserve for CapEx, repairs, vacancy's for couple of years to build the reserve.My Conclusion:As long as the majority of my living expenses are paid such as: P&I, taxes, water/sewage, able to save whatever is left over for any repairs and/or CapEx, I should assume that I am House HACKING appropriately for the circumstance?

I am trying to come up with an offer but I need to figure some rough repair costs and ARV first.

The buyer takes over all maintenance, repair issues but the seller can get the home back  if the seller doesn't pay.  

Feel free to ask questions and I will do my best to respond promptly.

My property manager is extremely reluctant or just has no urgency when it comes to larger repairs/ maintenance. 1 example: My properties sewer has tree root intrusion and I asked them to get a quote 2 weeks ago, and have followed up twice and got a we're working on it response.

Would it be a problem if i have 4+ places already and want to use HML to buy, repair...and then refi out with a conventional loan? 

It needs 30k in repairs.

So if you buy at 70% or ARV minus repairs, the financedd amount will be enough to cover repairs and an additional 5% additional.

I'm working on roof and siding repairs from hail back in May.  

However, you have to include taxes, insurance, CapEx, repairs, etc.