House hacking with friends can be a great way to share both the benefits and risks, but you definitely want to set the right expectations from the start.The key to making this work is transparency.

Quote from @Ashwani Singh: Has anyone got an excel sheet that is good to maintain your month by month rental property management expenses and income?

Hi @Paul Rook, I don't have any experience with the company you mentioned but a handy resource for homeowners to check ANY contractor or trades person is lni.wa.gov.

Feel free to reach out if you have any questions!

If you are not you need to save more money. 20K will not go very far on a property fi you are not going to live in it. 

On this Veterans Day, we pause to remember and honor those who have selflessly served to protect our freedoms.

I’m on the lookout for commercial real estate or land opportunities around Innovation Park in Mesa del Sol, Albuquerque.

The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this price range.

What part of Philly is your duplex in? 

However, if a unit remains vacant, I recommend setting rent just above the market average — in this case, around $1,800 as you've identified.