My plan is to start with house hacking, but I have some concerns.

Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

I plan to hodl for the long term

I currently live in it as my primary residence but had plans to eventually rent it out and then cash out refi once I reach 20% equity in the property.

We redo the kitchen with granite or quartz, stainless steel appliances and new floors if needed. 

Planning for property management, scaling strategically in one market, and being conservative with financing can also help avoid costly mistakes.If you're considering out-of-state investing and need insights on markets, property management, or financing, DM me and I’ll point you in the right direction!

Quote from @Nathan Nathan: Hi, I am planning to create LLCs in Wyoming , Michigan and Georgia.

Our rates are generally closer to 10% depending on the plan you pick (you can search us and see our rates on our website - not trying to self promote) but that is for full service property management. 

UPPER FLOOR" which wasn't great but it's the best option support had for me.