Is it possible to house hack in the Bay Area?

[Anthony Barbato]

Hello,

I have been looking at the recently sold 2-4 unit income properties in the Bay Area and it seems like the price is prohibitive to being able to house hack. My goal on January 30th 2020 is to be able to buy a four unit property in the Oakland area with an FHA loan so that I will be able to live in one of the units and have the monthly expenses and debt service covered by the rent from the other three units. From other investor's experience, is this possible?