Figure out how many months it takes you for the reduced interest to pay for those closing costs..... probably a while.

The voucher is reduced if the rent is less so that the tenant will always pay $100.

My instinct is to advise holding rents slightly under-market as your priority in this situation is to minimize vacancies so as to reduce your personal operating costs.

However, if your house hack reduced your housing costs from $1,200 to $600 per month, would that not be a win?

I signed the contract for buying the property as-is so I don't think the seller will pay for any of these so I am wondering if I should continue to proceed with this purchase.Paying an additional $18,000 will maintain a ~$420/mo cash flow but will reduce my cash on cash return to ~10%.

Once you stop the growth and expansion you reduce the inventory which cause prices to sky rocket.

Often times, the seller reduces the price to a fair market value after a few years and then the property sells.

What we didn't know is that the property did go under contract but for a reduced price $150K.

So your resident can accomplish the same thing you're shooting for at a much reduced price($500-$900, maybe, for 2 or 3 in-window ACs?)

Think rust belt to sun belt (a super cycle), think east/west coast high company costs looking to relocate to Dallas to reduce employee costs and be close to key strategic transportation routes (DFW, interstates) linking coast to coast in a few hours.The long term trend of more renters has a lot of legs left (millennials, boomers), cost of a house is going up as well as higher rates so that will continue to keep people renting as well.