I appreciate the insight!

Eventually, I’d like to purchase a single-family home as well.Thanks again for your valuable insights! 

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.

Start networking with local agents and investors for insights, and talk to a lender to get pre-approved to understand your budget.

While I have a rough idea on house hacking as a whole, I would like to know if there are some helpful insights on the Utah market specifically.

He had lots to gain by having you on and unfortunately, you had nothing to gain.

Net Sale - Is the contract price, minus the closing costs and commissions.adjust cost basis - net sale = net gainYour gain is made up of profit and depreciation recapture.

Any insight into what or how many platforms should be pursued?

@Randy Rodenhouse Thanks for your valuable insights!

I imagine there’s a different dynamic with tenants sharing common spaces, so I’d love to get your insights on how to manage this aspect effectively.Thanks for sharing your experience, looking forward to learning more!