A knowledgeable realtor can help you find properties that are well-suited for house hacking.I hope this helps, and good luck with your first deal!

I rent nice places to renters all the time and they take good care of the property, pay rent on time, communicate well, etc.

I hope this finds you well!

For buyers or their brokers with well capitalized investors, inquiring directly for verification of a property whether it has an assumable note is good practice while interest rates remain elevated. 

I'd love to get some info about the Philadelphia market as well.

I must say that I am green to real estate investing as well, so any input that may be of help would be greatly appreciated.

Whatever rent income/expense we receive/incur, is it split the same % as well?

Most lenders do not like these lower property values because they are too risky of an asset class, little return in interest and fees, and long term financing will be an issue as well.

As well as moving from higher cap ex exposure to lower cap ex exposure.Cash flow may go down but when the other components of the IRR go up ( appreciation, depreciation, and amortization of the loan) your IRR goes to the moon and more than offsets any drop in cash flowJust make sure you stress test and can withstand any drop in cash flow.

The area you love is loved by many folks and should do well if you can buy it right and get some decent terms.Reach out to @Avery Carl at the https://theshorttermshop.com/ They have the pulse on the Smokies as well as other areas.