You also have to think about interest rates and what people incorrectly think is normal (2.5% interest is not normal). 

I normally recommend DIY cost segregation companies for residential real estate at a low purchase price.DIY Cost segregation companies normally start at $500.I normally recommend my clients to have a home inspection and appraisal on hand as they answer the questionnaire.Best of luck

There's also a question when the new owner tries to get title insurance; will they be able to get a normal owner's title policy or will theirs expire in 6 months too?  

This scenario hurts upfront as it takes longer to recoup the funds to buy the next property with the normal rehab costs (thinking long term).

If so then being in the hole $627 is normal with the house hack.

High volume doesn't equal high returns here.Livonia — something unusual is happening* $179,000, +$198/mo, 5.8% CoC* Livonia is a B/B+ suburb where I normally see breakeven or slight negative.

Is this normal, or am I overthinking and overanalyzing?

Lets normalize and encourage house hacking as an entry point to the housing market.

There are a couple often used accounting software such as Quickbooks, Stessa, Xero etcI personally prefer quickbooks desktop as its normally cheaper(in the long haul) vs the online version, especially if you need to use the class function.

Properties that were marginal from the start struggle to withstand normal operating expenses and capital expenditures.