It makes sense that securing good cash flow and effectively passing off the care home as well as maintenance is a good combination.

So in effect, they have bought back their outstanding loan.The state/county in which your subject property is located may have different procedures.

Any cost effective training mentorship programs you can suggest for beginners of MFH.

Effectively you're paying debt service on the HELOAN plus car payments, so that's probably $500-800/month depending on terms.New home scenario: $1900/month all-in (mortgage + HOA), but debt-free from the sale proceeds.

Effectively making it kinda free. 

I will be far more selective on future investments and more thorough when inspecting before buying.However, my real question for the BP community is what to do about Property Managers...

@Lauren Kormylo Airbnb takes 15.5% from PMS users as well, effective December 1.

Roughly $1,100/year (estimate of course)This can save you hundreds of dollars per policy depending on the coverage selection.

A testament that numbers, and the effective use of cash flow analysis data, must be used to support optimal performances.

Tools like Rentometer or PropLab can help cross-check rent estimates quickly, or just scan Zillow/Apartments.com for similar active listings.One thing to consider with the house hack math: your $1,400/month effective cost assumes the 4-bed stays rented consistently and you're getting that roommate.