They dont have a clue what rent should be but there are saving 8% per month, even if it costs them 10-15% and they have to do all the work. 

Would tearing out the carpet myself save on the cost of this?

Yes definitely I would love to Fantastic - we'll connect and I'll get your contact info.

Appreciate the info on the One PIN as it should help us explain to the lenders better (who aren't Alex!)

If all goes great, we can hit 20% equity and drop our PMI before buydown rate period ends.We’re now in need of some good property management if anyone has a recommendation.I know there’s some info missing in this recap, I’m open to answering any questions!

My initial goal is to house hack, purchasing a small multi-family property within the next year, ideally the next 6 months.I am between Atlanta and Athens and have relatively little savings so unless I find a partner I will likely be using an FHA or USDA loan for my first property.

But I’ve only had a handful of profitable months, most of the time I’ve been paying either the mortgage myself or unexpected cleaning & maintenance bills, and my savings has run to zero, so it’s a big loss so far.

So, I brought in a top-notch property management team to save the day.

I see where it could save me years of experience.

If your self employment income is not high, it's likely that your deduction saves you more tax than the self employment tax you would pay.