Annual maintenance inspections are a great way to see how the tenants are taking care of the units and to reinforce expectations.

Screen your tenants carefully: Selecting reliable tenants is crucial for a successful house hacking strategy, as they will help cover your costs and contribute to your profits.4.

thanks for all the tips in this forum.

Any insights on markets with affordable duplexes, good rental demand, and FHA-friendly opportunities would be highly appreciated.Additionally, if you have tips on finding turnkey properties or navigating the FHA financing process for duplexes, I’d love to hear your experiences and advice.Thanks in advance for your valuable insights!

If I find things on there that they didn't tell about ahead of time then I won't rent to them.I do not care about credit rating or even bankruptcy provided they have a history of paying rent (always check landlord references by looking u contact information independent of what they provide).

We are officially moving forward with the purchase, and I must say, it's been an unusual journey.After a series of twists and turns, we have successfully negotiated credits for several health and safety issues identified by the previous buyer's inspector, which need addressing.

My VA takes care of most things and he is MUCH cheaper than paying a property management company 15%-20%.

STR tax harvesting is lucrative.. but be careful. 

If you have any tips, advice, or success stories to share, I'm all ears and I'm an avid learner.

Both options necessitate careful legal and financial planning due to their complexities.Renting out the property at a market rate of about $3,500 per month offers a different set of financial benefits.