This is after factoring in all expenses, including taxes, insurance, vacancy, management fees, maintenance, and utilities (gas, electric, water, sewer, and garbage).Regarding cap rates, I typically target between 15-18% as a minimum for a deal to make sense.

From a credit perspective, house hacking also helps you build strong cash flow, which can make it easier to secure financing for future deals.Additionally, if you're targeting high-appreciation markets, you could also look into cash-out refinancing down the line to pull equity and fund additional investments.

You really target that in major metros as saturation has not picked up--Huntsville is not one.  

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If things go wrong on a $500K flip vs $1.5 million flip it is much easier to correct and you risk of losing money or not making the profit you want is quite a bit lower.

GONE, there a target. 

A very small percentage do it an easier/softer way.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

They get a faster and easier sale because buyers can imagine higher future rents.