And they failed during the housing bubble. 

However, these units are new and there is not a significant oversupply of any kind of housing in the area currently.

I'm trying to get a mortgage, but it's entirely possible that the mortgage might not cover 100% of the price of the house.

The homeowner has direct title, can sell at any time and gets 100% of the appreciation and tax benefits on these houses.

If calling a plumber to fix a real leak is going to kill your reserves, this is a bad deal on a property and bad cash flow.The first thing to learn as a landlord is that everything is your responsibility to cure.

The town is encouraging home ownership, so buying a condo/single, living in it for a year plus and then renting out works fine here (what I did), whilst house hacking a multi is more complex.

One is house hacking. 

It's in a newly developing area with houses being built and other lots selling nearby.

You can't uphold your fiduciary duties while wholesaling a house.

Hey yall,my wife and I started off in real estate as house hacking.