House Hacking Strategy: Living in one unit while renting out the other(s) is a smart way to offset your mortgage.

My best friend lives in Kingman with his mother.

Hello, it is a owner passed and child wants out because they are absentee, no section 8 and the tenants have lived there already for long time 13, 6, and 4 years with no desire to leave as long as I can keep the rent same or close to same and they are willing to sign 3 year leases.I have looked at single family houses and have not found a deal that compares.

I plan on living in one side and renting the other side out. 

I used to have a two bedroom apartment that I lived in and I would rent out the second room on Airbnb and one time I got a guest and she would leave her windows open.

It is virtual over zoom but taught live.

If I buy property in a state that I don't live in and put that property into an LLC registered in that state, will it be protected or does that LLC need to be conducting some form of business?

I ask because I hear single section 8 tenants like to have their bf/gf living in with them...Quote from @Rich N.: @Peter GoellerBecause they way Sec8 does it, is that their local Sec8 inspector is suppose to the know the market rate.So, let me clarify this. 

Built in 1905, this property features a total of 2,832 square feet of living space, divided into two units.

@Malcolm Brown Would something like this fit in your buy box: https://www.realtor.com/realestateandhomes-detail/84-Livings...?