Lesson learned, check your numbers more thoroughly ahead of time and actually do your research.

Go to some meetings ahead of applying, talk to the members of the board and ask questions if you have any.

@Pixel Rogue everyone has different future plans - many though haven't thought that far ahead!

You would come out further ahead.

In some places there are a few days grace period to allow for rent that is sent via mail (which I don't get because if it is due on the 1st, plan ahead). 

Is there enough parking for five vehicles?

Trying to understand the strategy for investment properties with next gen configuration from the experienced. tysm in advance.Go ahead & explain "properties with next gen configuration" so we know what you're  talking about. 

Best of luck—sounds like an exciting journey ahead!

Just make sure the town is ok with the land being zoned for multi-units, and look into construction costs, financing options, and permits ahead of time.

Being able to A/B test MTR at the same time would allow you to know if you can convert the STR to MTR if you ever want to move out and keep the property.As for the net negative house hacks - I always like to remind people that shy away from a deal because they aren't making money that they are usually still coming out ahead if they are spending the same or less than they would on rent.Great last point.