Most people will be like me and not that close to the $38k savings depicted.Good luckGotcha - I understand Let me run this hypothetical scenario so see if I'm getting this straightSo W2 employee - 250k salary - Buys a 650k STR (total cost basis)- 75% building value (650*.75 = 487.5k) - 487.5k Depreciation basis - 25% land value (650 * .75 = 162.5)So if we do the straight line method we have: 487.5 / 27.5 = 17727. 27 annual depreciation If we do a cost seg study where 25% of the building value is depreciation year one:487.5k * .25 = 121875 first year depreciation So the taxable income in each method: Straight line method = 250k - 17727 = 232273 (taxable income) Cost Seg = 250k - 121875 = 128125 (taxable income) Now we'll look at the income tax for each scenario: Straight line method: 46350 (19.96% effective tax rate)Cost Seg: 19817 (15.47% effective tax rate) So the difference: 46350 - 19817 = 26533 in tax savings I tried to run this conservatively but still accurate.

Avoid courses and gurus who will teach you a magic method or try to razzle dazzle :-) Feel free to reach out.    

I would like to use the method House Hacking for my first real estate investing, is that even possible in Los Angeles?

Some refer to the enemy method.

There are a million explanations, but rarely do I find something more than an actual method for developing goals other than the "goals depend on markets".

For insurance, the only reliable method is to get actual quotes from local agents based on the property’s age, construction, location, and intended use.

Do either of you have tips on how exactly one should track time i.e. what apps/services/methods you find effective? 

Generally speaking, we don't use this technique for the BRRRR Method. 

Mainly have scaled through BRRRR method and some flips to acquire multi family.  

Sounds like you didn't:1) Screen the PMC properly to understand the services they provide and don't provide.2) Ask enough questions about their standard procedures, to see how they met your expectations.3) Ask for enough ongoing & proper updates, so you understood if they were following their own standard procedures or cutting corners.4) Understand the market well enough to adapt 1-3 above to that market.Glad you took the trip there to address some of the issues above.