The duplex was expensive and with rates as high as they are, I was not able to save money house hacking.

Therefore, even if I obtain a good value for the surface yield, it's possible that the Net Yield is unexpectedly low due to unexpected expenses.In Japan, the ideal yield varies depending on whether the property is new or used, the bank's interest rate at the time, and the real estate market conditions, but if the real yield on any property is 10% or more, the property is reasonably profitable and the cash flow is sufficient in many cases.

So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortgage left 155k, home value 330k, current interest rate 4.125% on conventional with 24 yrs left on a 30 yrmonthly payment with HOA $1600 pcmI am wanting to either1) turn this primary residence into an LLC and purchase another property to move into and start the process again with the aim being to rent my current house out on an annual 12 month lease for at least 2 - 3 years as I was told that as long as I lived in it 2 out of 5 years I can then sell without paying capital gains (though this confused me and anyone wanting to teach this to me like im 5 years old would be greatly appreciated).

I have a vacation rental which it’s the off season and I accept rents at a lower rate.

When you raise the rent the tenant may request an explanation and it’s very easy to explain that in order to continue to service them and respond to their requests you need to charge them more. if your average rent is $1,000 per unit and the average tenant calls 2 times per year why is it fair to the good tenants that this troublesome tenant to call 50+ times per year and pay the same rate? 

The Stessa rates are attractive enough that I would let it accumulate in their high yeild account until I invest in something.

An often overlooked option...call the CC company and ask them for a reduced interest rate payment plan.

Property tax rates are low as well.In Alabama, property taxes hover between 0.3% and 0.4% of the home’s value per year.

. - I realize that contest window was long closed, but I acquired this duplex last week and was shocked to find these rates during closing as opposed to listing which did not show that.

It was also financed as a secondary home (I was told that there is no difference in rate in the current environment between a second home or a rental).