I’ve been exploring multi-family properties for house hacking in both the Philadelphia and Boston areas for several months, focusing on the cheaper areas around the cities rather than in the cities themselves, as housing costs are incredibly high.

I explored a bit, grew excited, sat through a webinar, and found myself completely hooked.  

Hi BiggerPockets Community!
I’m a U.S. citizen who has lived my entire life abroad, but I still submit my tax returns annually. I’m diving into U.S. real estate and debating between two strategies: buying new single-...

You can also focus on dividend growth stocks within your taxable account, as dividends can be taxed at lower rates, especially if you hold long-term.By balancing real estate with traditional investment strategies like bonds, stocks, and tax-efficient accounts, you’ll have a diversified approach that generates tax-advantaged income while minimizing risk.Let me know if you need help strategizing further or exploring real estate financing options!

Once you have a few successful deals under your belt, you can explore leveraging options like hard money to scale your portfolio more aggressively.Good luck with your investment journey!

It adds paperwork and costs.As for your concerns, lenders may have reservations, but it varies, so explore different options.

I've also learned a lot about financing by having explored several financing options for a property I wanted to purchase myself. 

Exploration of solar panels with 1,651 hours of usable sunlight per year and attractive state and federal grants available.Water Drainage:Check the grading around the property to ensure proper water runoff.

Strategies include starting with SFHs, waiting for the right property, using the Buy, Rehab, Rent, Refinance, Repeat strategy, and exploring conversion opportunities.

Explore house hacking by purchasing a small multifamily property (e.g., duplex) using a low down payment loan, living in one unit, and renting the others.