Your understanding of the realities of house hacking here will help make that transition a lot easier on you.

It scales down over the short term (like during a transition from consulting to investing), but it doesn't easily scale down long term. 

Collected rent gets applied to the invoice...and any remaining invoice balance during resident transitions goes to vacancy loss (apply a manual credit to the invoice...puts it on the P&L).This is done in Xero, which will not be a property management tool, but maybe the process can be replicated in Buildium.

To summarize, it seems possible to get a quicker loan through commercial lender rather than the transitional mortgage refi route.

I’m looking to transition one home immediately to a property management group, then possibly the other two as their leases expire.

I'm looking to start with Ranch Style Brick SFH (as boring and practical as possible) and purchase one per year for 5 years before transitioning into multi-family, can't wait to get the ball rolling!

I started a different Journalling system a few months prior and though they are similar, it's odd transitioning to a different format even if it's only for 90 days.

We’re on here to learn as much as possible as we transition into being real estate investors!

Pictures show old color, and the transition to the new colors.

That being said, I sometimes wonder how people make the transition while at the same time relying on a paycheck every week to keep up with their necessary expenses.