NACA for construction??

[Jonathan Newsome]

Hi BP! I'm trying to figure out if anyone has any experience using NACA to build a MFH (duplex - 4-Plex) and if that would be a good way to get my foot in the door of house hacking?

I'm over in the RVA area and after much searching, I've found that there aren't many, if ANY 3 or 4-plex's in the RVA areas. This is what got me interested in thinking about NACA.

My idea is this: since there are NO duplex, triplex, or 4-plex's around that part of VA, I'd like to build/construct a 3 or 4 Plex over in the Glen Allen, VA area if permissible. I would obviously occupy one of the units until I could refinance at a later time, possibly 1 to 2yrs down the road.

My question is, has anyone ever done this with NACA? Also, would this be a good way to house hack and would you consider it worth the process? I know it would be a bit expensive constructing/building from the ground up. According to the NACA website and information, MFH's are covered as well as new home construction. I appreciate any feedback I can get, thanks!