If you are able to make considerable improvements in those first few years while living there, being an owner occupant during that time also allows you to take out a HELOC on the property much more easily than on something that's already a rental, giving you valuable access to capital for subsequent projects.

Once you feel you've built a strong team with your first property, I would start buying more aggressively and taking on bigger projects.

.)- 10% for future property management -10% for vacancy-10% for CapEx-5% for repairs and maintenance-5% for lawn and grounds keeping-0.5% of purchase price for PMI based on my credit score For a house hack, is this too conservative?

I had a rehab project to fix up a unit.

With some previous projects i did in the past.

I was forced to cash out my 401k in payments to minimize tax penalties, using it to complete house projects and pay off some debt.

Last project we did, it was 16k for water meter, $26k for underground electric meter.

Need help for a research project. 

Are you currently in any projects right now?

Hi Mounish, Taking on a large rehab project can absolutely be daunting...but not impossible.