.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

I am keen to learn from the experiences of seasoned professionals and collaborate with fellow investors who share a passion for real estate.

@Madison SloanTo start house hacking, focus on saving for your down payment, researching target markets like Salt Lake City or North Idaho, and building a strong team of professionals, including an agent and lender.

I have family in Houston, Dallas, and the Valley, I was networking with brokers in San Antonio, but the Taxes seem to be quite high as well in that State, although much favorable laws/regs on the landlord side.

The big advantage is having the capital gains spread out over many years to avoid a huge tax bill.

You might even want to setup a C-Corp (for tax and liability reasons as well) to manage the business with the guests and pay rent to your LLC. 

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

@Kelly Taylor who doesn’t like tax free atm withdrawals?  

Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).

Most of my renters are nurses, engineers, and tax payer funded employees (Government workers).