If that's the case, maybe look at a different house hacking strategy that might work (like a SFR with an ADU or renting by the room, ie having roommates).2.

It is still viable if you pair it with other strategies.

This has now become a part of my strategy going forward. 

If anyone else has a favorite strategy or tool they use to keep tax prep under control, I’d love to hear it!

You get to kill multiple birds with one stone by following the house hacking strategy.

@Garry LawrenceDevin Moreno has a bunch of videos on rent-by-the-room strategy in Baltimore on hisYoutube channel.

Look for properties where you can add value with smart, targeted renovations rather than going overboard.Financing Strategy: Since you're aware of the leverage risks, keep your financing options flexible and conservative.

For an investor that is looking to create wealth and keep doing what they are doing this is a great strategy.  

Either strategy can work.

This is the best strategy for LA.