Or would you recommend I do a 2-4 multi first to get my "toes wet" so to speak in this slightly larger space?

For the "Variable Landlord-Paid Expenses", I have used the following assumptions (Vacancy: 5%, Repairs and Maintenance: 4%, CapEx: 8%, Management Fees: 0%).About me: I am relatively young (25 years old) and am looking to get started in the real estate space by house hacking my first property.

I'm sure most tenants would like to have 2 BA, but there is usually not enough space to add one without losing a bedroom in a two-family house.

You will be declaring your property 'open space'.

Page 4 has a space for Loan originators signature.

It's cheaper to build-out because tenants typically prefer space more than luxury amenities.Purchase price will vary by location, but it will typically be cheaper per square foot.

I got a modest office space, with neighbors that were white-collar professionals, and attorney and CPA.

In my markets, I feel that the demand for housing is so high that renters aren't willing to move right now because 1. they don't want the landlord/PM letting a bunch of people in their space and 2. they are unsure if they'll be able to find another suitable rental. 

Jonathan R since you have nothing to contribute, except your big advertising taking a lot of space but that no one is interested to look at.

Not just emergency repairs, but also pro-active repairs like keeping track of the roof, exterior spaces like porches and decks, mechanical, common spaces and grounds.