And that is expensing.

It does not include photography expenses. 

Having a license is cheap, being able to use your license in any meaningful way is expensive.

After all expenses I've shown a loss on my tax returns the last 2 years and it wasn't just a paper loss.

High cost of entry here, and I have found that most local lenders require 20-30% down with 6 months of reserves for expenses in case of vacancies.

Someone who's looking to serially house hack in my area probably won't be able to do it in those very expensive/desirable areas, but they also don't have to settle for the really bad, crime-ridden neighborhoods either.

If you’re looking for suppliers for less expensive materials then you’re better off with a local reliable contractor.

This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering.

Specifically, a HH can substantially lower your living expenses, while increasing your income.

I set up my entities mid 2023 -a holding company in WY and an operating LLC in NJ and have only had start up expenses so far and no income.