- househacking is really designed more to LOWER your personal cost of living vs eliminating it, let alone cashflowing. you CAN achieve cashflow, it's just harder. look into STR'ing or MTR'ing some of the units. - i personally think 2% for LTR vacancy works in most markets.- the rest estimator doesn't work well in less-populated areas. i use facebook marketplace to find 5-10 comps and average them. - COCR isn't as applicable with househacking because of my first bullet point & because it doesn't factor in that you're also saving on your personal cost of living. many investors shoot for 10%+ COCR with a traditional rental property that they're not househacking.

What was the type of unit that it took 2 years to complete the build?

If possible, get a 2-4 unit property where you can live in one unit and rent the others out.

If you do already own, then I'd consider a home with STR/Airbnb potential in one of the Denver-area cities that allow short-term rentals, or a multi-unit with LTR or MTR tenants. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Consolidate units in fewer buildings with more units.8.

I don't know if this makes it easier or more complicated, but our upper level may not have any gas services at all (husband is going to the property tomorrow to see if upper water heater is gas or electric, and whether washer/dryer in each unit are gas or electric).

In other words, if your property is zoned for single family residential at a maximum of 2 units per acre, you probably won't be able to put a mid rise apartment building on it.

I did a high level comparison where we differed in our underwriting and here are the results:1) Rents: They projected over $300/unit rental gains, whereas we projected $140.

@Kevin SobiloI'm thinking "dismissed" means tenant waited until her court date and vacated the unit right before because she was going to lose and didn't want that on her record.