Quote from @Mike Levene: Thanks @Scott Trench this makes a lot of sense.

This was my first deal, and house hacking made the most sense because it lowered the threshold for risk in my mind.

I’d love to hear your thoughts on whether this approach makes sense or if there are other strategies you’d recommend to optimize profitability. 

If so, youll want to do the calculations if it makes sense to immediately refinance or wait the year until the penalty goes away. 

doesn't make sense to treat the house then throw all the stuff away, and replacing the carpet and repainting the entire house2.

For me personally, I am hesitant to sell unless it really makes sense.

I’d love to hear your thoughts on whether this approach makes sense or if there are other strategies you’d recommend to optimize profitability.Thanks in advance for your advice! 

You only get a sense of this by meeting face-to-face once or twice.A bad borrower can kill a great project.

I will say we are way out of town with just a small market close so it makes sense to have a fully loaded house.We only provide 2 small soaps and 2 shampoo bottles in each bathroom.

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).