House Hacking - Multifamily

[Adonis Yancey]

My wife and I are interested in House Hacking as we read through Brandon Turner's book on rental property investing and we would like to invest in a multifamily property but instead of purchasing an existing property we were thinking what if we tried to find a developer that was building new construction multifamily properties and purchased one. We would live in one unit and rent out the other units. Does that sound like a good idea? Has anyone done that before? Does it make sense? Are there developers that are actively building multifamilies or is that a custom build type of thing? Pros and cons?