It’s a small Co-Op, 15 shareholders in total, and is well managed with plenty of reserves on hand, etc. looking for anyone who might be truly knowledgeable in this area, and would be willing to let me bounce some things off of them, to see if it makes sense.

But on the other hand we are already getting sick of paying this much for our rent which makes us really want to do a house hack and start building equity while lowering our rent.

Definitely house hacking, id be happy to discuss my journey I started in 2018 with a the house hack strategy and have worked my way up to 4 houses with 9 doors total.  

Dividend stocks sound like a smart balance for true hands-off income.I’d love to hear how you might be able to help or what mix you’ve found works best between rentals and dividend investing.  

Not sure what software but ideally would like to use a total of 2-3 softwares so im not all over the place.I feel like im at least slightly knowledgeable with this, but I'm just lost on how to go about it all and get started with the proper steps and software.I would really appreciate it if anyone who's currently successful in the industry could give me some pointers on:the most efficient software to usethe proper order to go about all this, if there even is a proper order?

While STRs can be more volatile, a well-chosen property in a strong location, especially near a college town or high-demand area (like the beach or mountains) can offer both cash flow and tax advantages while you gain hands-on experience managing a property.Good luck if you do decide to invest, there still are plenty of opportunities out there if you strategize and figure out what works best for your situation.

We’ve been using Rentec direct for over five years and it is hands-down, my favorite landlord tool. hope it helps!

Regardless of your level of plain/simple vs rustic vs fancy, you can do it for much less by just going to used furnishing stores (primarily).I used both 1) high-end second hand stores (meaning not primarily Goodwill and Salvation Army), and 2) lower level antiques stores where they have decent pieces for say < $500.

It’s been a total game changer for us.

Hi Liam, being a hands-off, out-of-state investor can work really well if you’ve got a solid team you can rely on.