Also no utility bills....has to be bank statements.This will continue to contract the market boosting still available airbnbs.

This provides additional safety and puts more money in your pocket, but it dramatically reduces the return on your money. 

The income you are leaving on the table is crushing your value and if you raise rents to market rates you will dramatically increase your value of the asset which you will be able to access via a loan.

Most of my properties are single family rentals with single tenants in them but house hacking is definitely a way to boost your returns starting out.

This should obviously boost your cash flow and then you'll have a full time rental property that you put 3% down for - pretty special.You can then repeat this process with low down payments.

Heat costs vary dramatically between summer/winter months so get the average for the previous year, split it, and charge the same amount every month.If you do decide to install something, consider a split unit that provides heat and cooling.

I wanted those who see this forum/post to be aware our rates are dramatically lowering, due to gov't stimulus reimbursements to hospitals no longer being paid out (nearly two dozen hospitals actually went bankrupt or outright closed in 2022).  

it's nice to see success and it has to feel amazing grinding away to finally Break Free gives a real boost to see others doing well congratulations on your deals and Futures ones to come!

I think that concern is a bit overblown, but if the the bank is looking for a reason to get you off their books (e.g. rates have dramatically gone up and they're not making any money on your mortgage), why give them a reason?

@Antonio BodleyOne possible issue is if you are signing on the loan, your credit will dramatically decrease once you take out a balance transfer.