As noted above, up to 50% of gross rental income normally gets eaten up by expenses (taxes, management fees, utilities, landscaping, repairs, capex, etc).

Does Hard Money typically cost 30-40% of the purchase price?? 

Although Reunion community does typically cater to a different demographic so it won't be as much of a pitfall. 

After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.

@Shmou N.ShmouYou can collect Rent and all other fees; Utilities, parking, or any other fee needed.We don't currently have a notification of the deposit but I will add it to our develoemt roadmap and you will see it in an update.

Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.

These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.

You can use a tool like AirDNA to get estimates of property performance in your specific market and with your typical size and configuration of home.

I'm not counting those since I don't manage them, but I typically avoid cities and states with laws antagonistic to landlords.

First, self professed traders on their cell phone apps placing trades with their typically less than $1000 stand virtually next to zero chance of success.