Good Morning  BP,Rental Investors,There has been a lot of talk going around that rental interest is going to skyrocket due to multiple factors including high interest rates, the income relief program ending, and many foreclosures.Have you seen any changes in your properties?

I am seeking insights and recommendations from the community regarding potential locations in and around Orlando where full duplexes might be more readily available within my budget.My plan is to house hack, and based on my initial calculations, I anticipate an extra expense of $1.5K beyond rental income to cover the mortgage.

*What is the best way to analyze an STR income? 

These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance. 

I would need to probably include farm profits in my calculations because the hope would be to eventually farm full time, but also supplement current income till I can move to farming full time. 

Turns out their total monthly income is too low ($600 shy of 2 month's rent -- we require it to be at least 3 months). 

Here are a few common paths to getting started:Personal Savings: Some investors start by saving money from their jobs or other sources of income.

For context, I am a doctor with a stable income and was able to put 20% down comfortably to avoid insurance.

And detached housing tenants always cut the grass and shovel the snow, and often take care of minor maintenance. 

Be careful about the neighborhoods, there are some neighborhoods in the counties that I won't put money into based on downward trends of maintenance and appearance.