Thus, I formed the C Corp management company to pay for my health insurance as I cannot charge it off as a rental expense schedule E.

I paid for the land in cash and am now looking to take out a construction loan to build the house.

I like to purchase turnkey and use the house hack method.

And it's good that you're already thinking about systems to manage it.

Gonzalez Everyone is going to have a different management philosophy, there's no right answer here.

We flip, LTR, Syndicate, and have one self-managed STR.

Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.

If I pull up my market in AirDNA, and scroll down in the comps to find my actual house, the revenue it says I'm making is not very accurate compared to the revenue I'm actually making. 

Hello All,I am a 28 year old in commercial construction (project management).

We manage about 67+ units all but about 8 are STR and MTR.