I went through a similar process earlier this year and after months of market research, I ended up buying my first STR in MB!

In Texas, landlords can impose a maximum security deposit, which is normally equal to one month's rent.

@Adriana Siu so you're going to offer maintenance-only services with no other services required?

My current mortgage payment is $2,000 per month. 

In episode 943 of the podcast the guest, Jeff, said that if you pay your debts through a business account for 12 months, they will no longer apply to your personal debt-to-income ratio (DTI). 

They all lead to a significant negative monthly return due to one or more of the following reasons:1) Asking Price is too high2) Traditional loan rates (FHA and Fannie Mae) are too high and affect total debt payment3) Existing rents are too low, so loan underwriters won't approve.4) Market Rents aren't high enough5) I would like to use the minimum down payment with FHA (3.5%) or Fannie Mae (5%).So, from all of these attempts, my understanding is the only way to make a house hack work in this region where I would at least breakeven on a monthly basis, is to purchase at a significantly lower price, lock in a nice creative deal or bring up my down payment to at least 20%.

If your monthly budget for this type of thing is $100, you're losing money. 

I'm looking mostly for if I buy a 4-unit quadplex (example, or Triplex), how to calculate NOI, Monthly Cash Flow, Rehab, Cap Rate, Cash-on-Cash, etc.For example, whenever I find a property on Crexi, Loopnet, MLS, etc. the NOI sounds good but when you factor in mortgage to get the cash flow, it's almost always negative.I also don't know how to properly calculate a rehab to see ARV so that may be the other issue.

Over the past two months, I've had the pleasure of helping four buyers secure fantastic investments.

In April they had a roof leak problem, I got it all fixed by the end of May (nearly 2 months).