Let’s say the house is worth $800,000.  

Hello Bigger Pockets,I've been in construction for a little under a decade now, and I know what it takes to build a house from the ground up.

Fellow house hacker using hybrid of the two right now with by the room.

So hence the cowboy house was born out of this and this was one of our more fun projects!

Whether you're a new investor or looking to scale your portfolio, qualifying for traditional loans can be a challenge—especially if your personal income doesn’t meet the strict requirements.That’s where Debt Service Coverage Ratio (DSCR) loans come in as a game-changing solution for real estate investors, providing an easier way to finance properties based on the property's cash flow rather than your personal income.What is a DSCR Loan in Real Estate Investing?

When should a person open an LLC?

See, there is 0% chance a person would get anywhere close to this # solo, that should be obvious that it will take an organization of people.

It does come down to your goals, your time to allocate, your business sense, your ability to bring or raise capital, and what you are trying to accomplish.I am personally not a fan of short term rentals, as it appears regulations in many cities keep making it harder.

Supply and Demand Dynamics Impact: Rent control can reduce the incentive for developers to build new rental units, which may limit housing supply and affect demand.

@Maria Rina BoidonI personally would probably keep a cash-flowing and not management-intensive property.