@William CoetI would be very careful providing sellers tax advice as you don’t know their situation.

This content is from a article I am just about to release to the digital community....A property management company provides valuable advantages for the self-managing landlordTime and Effort – It takes a lot of work to prepare and rent out a property for residential use.

Can you provide more details how this should be done?

@Jim Stanley, @Alan Asriants is providing some strong feedback on 1st steps which you already are making happen by checking out the place next week.

This means I provide balance and keeps everything in check. 

I can't tell you the number of times they have helped me through their forum and all the insights provided. 

While it may not always provide immediate positive cash flow, the long-term benefits of owning a property that is generating rental income while also providing a place to live can be significant.When considering the ROI of house hacking, it’s important to look beyond just the monthly cash flow.

Hello RE investors,I owned several duplex/triplex rental properties in San Diego, and Nationwide is our commercial insurance provider.

@Michael Smythe He hasn’t used BP cost calculators but does provide rough numbers to help determine whether the property will cover the mortgage and even potentially cash flow.

They also provide tax services which I do not use, too expensive, and help you establish lines of credit for your business.