This sector caters to a wide array of tenants, including traveling professionals, students, and individuals in transition, offering them the flexibility and comfort of a home away from home.

When I sell commercial multifamily, about 50% of the time my buyer pays me directly and about 50% of the time we include in our offer that the seller pays my fee.

However, it is crucial to conduct a thorough analysis of all expenses, including property management fees, repairs, and vacancies, to ensure the investment aligns with financial goals and risk tolerance.

How much debt are you taking on and will you use your degree?

If you hire a REALTOR®, the responsibility is theirs including the marketing and promotion finances.

I don't have any debt at all, I have a 778 credit score, and I have about $35,000 in liquid.

(including contractors, cleaners, etc)2. do 100 hours of material participation and that time is more then anyone else.

Funded 100 percent including interest with private 401k money.

The 7-8% lenders earn is on debt, while that condo is earning the same on equity.

Over the span of 5 years you will have paid $77,220 towards rent.However, you're $22,500 downpayment invested into the S&P index fund at our assumed rate of 10.13% compounded annually will be worth $36,236.48Leaving you a net living cost of $36,236.48 - $77,200 = ($40,963.52)Overall numbers after 5 years of house hacking:Expenses include: Principal, Interest, Taxes, Insurance, Repairs/Maintenance, and Private Mortgage Insurance.You will have paid $164,239.76 towards your principal and interestYou will have paid an estimated $20,914 in property taxes and insuranceYou will have paid $5,400 in private mortgage insuranceYou will have paid an estimated $10,859 towards repairs and maintenanceFor a total expense of: $164,239.76 + $20,914 + $5,400 + $10,859 = $201,412.76However, here are the positives to your net worth: Appreciation, Loan Paydown, Rent payments from TenantsYou're home will have appreciated to an estimated value of 560,7812 an increase of $110,782You will have paid down your loan by $26,742Your tenants will have paid $154,439 in total rentThe total benefits add up to: $110,781.87 + $26,742 + $154,439 = $291,962.87House Hacking net worth boosters minus expenses = $291,962.87 - $201,412.76 = $90,550.11(The home equity for year five is calculated using the downpayment + appreciation + loan paydown)House Hacking Vs RentingHouse Hacking net worth after 5 years: $90,550.11Renting net worth after 5 years: ($40,963.52)Leaving you a net worth benefit of $90,550.11 - ($40,963.52) = $131,513.63Here is a screenshot from our calculator on the difference in monthly payments between Renting vs House HackingThe winner is clear.