If this is your entire savings, it might be worth waiting and building up a larger safety net.2.Savings Potential:How quickly can you add to your savings?

Then you could keep an eye on the larger house you're renting out - or vice-versa. 

House hacking with two children can be tougher than expected because you will always need to take a larger or the largest unit which will reduce your cash flow on the property even more.

.- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?

Not an impossible task, but it winds up being ALOT of work for a home that is still likely to have a number of deficiencies compared to a newly built, energy efficient home.Now the question I've had a lot of people ask me is: I just bought a concrete block home.

NOTE: A lower OER indicates a more profitable property as a larger portion of the income is retained after covering operating costs.Hope that helps!

It's good to look at data and then your lifestyle, time, and energy to find the greatest city to invest.

Recent renovated comp was larger, but on a PSF, we would should have made over $100k.  

Additionally, it’s helpful to educate tenants on ways to conserve utilities, such as using energy-efficient habits.

Should I do a larger down payment?