I'm just giving you an alternative option too.If you'll be renting it 3 years+ from the time you acquire it.

Some questions: Can I get a deduction on the materials I buy to fix it up?

Alternatively, you can engage a CPA to do this research for you.

I pay someone to cut it once a month so we essentially alternate and it’s cut every 2 weeks.

I used the bigger pockets rehab estimator to create a spreadsheet of material costs and labor costs.

This alternative to the traditional brrrr method crossed my mind.

@Jonathan Greene Hi Jonathan, Alternatively to my original post above, where I could house hack a single family residence and rent out the rooms...Would it make more sense to buy a SFR, live in it myself for a year, then move it out and rent it out fully to a family at full price once I reside somewhere else?

After making the very naïve mistake of letting family rent my home and having them damage a lot of the property, my friend who is a contractor ended up moving into the property with his family and fixing the damages with the agreement that I would purchase the materials, and pay him back the cost of the labor with discounted rent.

I used a hard money lender to purchase the home and private investor to fund the closing cost and initial rehab material cost.

I would be happy to have a conversation so that maybe an alternative opinion or second set of eyes would provide some valuable insight.