One strategy to consider to boost the rental income is to rent out by the room. 

You need to do work (and take on the risk) to boost your returns.

Quote from @V.G Jason: I think the moral of your story is a bit misplaced.

I have read the forum for years, but I don't remember reading that most rentals had an indoor pool.It could also have to do with that owner spending all those boost credits.

Also, A-L-W-A-Y-S boost them after posting.

Quote from @Mario Morales: From what I understand, you can deduct the entire premium as it is an expense to run the rental property.

House hack via multi-family is an excellent way (one of the best) to boost your RE portfolio.I prefer detached SFH over townhomes.

I know that morally it would only be right to do so, but I'm wondering if legal issues could arise? 

Factor in about 10% of the sale price to go towards closing costs (transfer taxes, commissions, attorney fee, etc) and miscellaneous expenses and you're at $625K so far - this is NOT including demolition costs, holding costs (taxes, utilities, insurance, management, etc), architectural drawings, surveys, building department filing fees, etc.That said, you may also want to consider the costs and potential benefits of adding sq ft. to the existing home and/or updating the home to potentially boost your sale price.All the best!

Hi Sonya, I started off as an out of state investor living in San Francisco in 2021 and chose the Ohio  markets (mostly Columbus for now) to start off with because of the low entry points as well as the tech sector getting a big boost as previously mentioned by Min.