Annual adjustments: These income thresholds and premium amounts are adjusted annually.It's important to note that various types of income can affect your MAGI, including wages, Social Security benefits, pension payments, and even tax-exempt interest from municipal bonds.

Ex (random numbers pulled out of thin air)$100k purchase $160k ARV$30k reno but $20k at cost$15k holding costsTotal Cost:$145k cost or $135k with contractorWith the contractor at cost, I have an extra $10k of margin where I don't lose money, but obviously not ideal for the contractor since they would make less.I think a good way to price it would be the equity would equal your profit if you did a fee construction at slightly below the projected ARV, and slightly below the projected hold time.

@Sean SpagnolaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

One day while driving he randomly saw a 'for sale' sign on a home.

To what extent would you entrust them towards handling duties such asCommunity and Forum building Online event hosting Social Media Handling Deal Finding and Analysis Appointment Setting Remote sales(real estate course and events)Customer Support

Connect through social media networks such as Facebook and LinkedIn to ask inquiries and share experiences.

then when you graduate, house hack again.there's no point in buying a random rental thousands of miles away instead of house hacking. 

He did it through (1) professional website (2) constantly optimized for SEO (3) new social media articles at timely intervals (4) sponsorship of charitable events (5) ongoing public relations campaign (6) billboards (7) advertising in local newspapers (8) SEM .  

There are many social media groups dedicated to travelers seeking furnished properties, you can list on sources like Zillow and apartments.com, Crashpad, corporatehousingbyowner, etc etc. 

Most very successful STRs seem to have direct booking options, they are opening their properties to the YouTube Airbnb influencers to get more publicity, they are creating regular content through their own social media channels, etc.