Without house hacking, your figures would look like this:$1850+1850 = $3700 - $1500 - $3200 = $-1000 net in your pocket (let's skip principal paydown and tax benefits for now).With house hacking, your figures would look like this:$1850+650+1500 = $4000 - $3200 = $800 net in your pocket. 

This is assuming that you're not even talking to the listing agent initially (skipping them) and going directly to the owner as the buyer.Thoughts?

If you want to put less than 20% down skip the seller financing and move in to the property.

Everyone thinks they can become a millionaire fast, and skip all the discipline aspects of it.   

A key aspect that, annoyingly, the "cash-flow crowd" seems to skip past all but religiously. 

and usually take the state test to get the license and skip the federal part of the test ..

Don’t skip safety stuff either—make sure you’ve got working smoke detectors, fire extinguishers, and a first aid kit.

Could you skip the 1031 and just sell?

Skip trace the LLC and start a marketing campaign.

Kudos to him for doing it, but his rules and his dogmatic approach is also the same thing that made Open Door Capital a horrible venture because they skip over being pragmatic.