Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

What major considerations should I take into account?

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

First time posting on the forum as I would greatly appreciate some insight and considerations for my game plan for 2022 and onward.Background: I currently work in mortgage and have the benefit of understanding this side of the process. 

I’ll also say that I don’t plan for this to be my forever home, but I will likely keep it as a long-term investment (so, I’ll be running numbers both as a house hack and as fully rented).Here are my assumptions -Neighborhood: northwest Akron area (Highland Square/Wallhaven/Northwest Akron)Home price (just an estimate): $140kProperty type: duplex/small multifamilyExpenses -Property taxes: ~$3640/yearHome owner’s insurance: $70/monthWater/sewer/trash: ~$100/unitGas: $76/unitElectricity: $107/unitLawn care/snow removal: $500/yearI realize there are several other expenses to take into consideration (maintenance and repairs, cap ex, property management for when/if the time comes, vacancy, etc.), but I’m most uncertain about the local expenses that I’ve lined out.Also, if there are expenses specific to the area that I’m missing, I’d appreciate the info!

Historically, increasing prices and high-interest rates increased rents and rental demand.Another consideration is the unique nature of Las Vegas. 87.5% of Clark County is federal land. 85% of the entire state is federal land.

I am initially put off by the high property taxes, though, and I am curious how other investors are taking those into consideration when buying in this area.

After months of consideration and research, I have chosen my career.

This is time sensitive so I appreciate all considerations. 

Bonus question: Is anyone familiar with the Fair Haven Heights area and have an idea of what rent would be around there on a 2 bed unit?