Hello Kelly, House hacking is alive and well and yes depending on what market you are in it will be challenging to acquire something that will allow you to live rent free.

The soil here was clay so the digging even with excavators where they could use one was challenging. 

Challenges?

I work as a part-time CFO for several real estate developers like yourself and help them through similar challenging times.

I used a promo code provided at the end of a webinar and paid for one full (discounted) year after attending "The 90 Day Challenge" with Dave Meyer.Attendees who purchase the Pro membership are supposed to get the "Real Estate by the Numbers" book as well.

@Thomas Loyola you haven't addressed the Class of property you intend to buy, so your assumptions could be too low or too high.Your biggest challenge is you are assuming you have to pay asking prices!

We have spoke to banks in the past and its challenging to find ones that will do a C/A on a first but the ones that would consider it would not do it on a 2nd.

Challenges?

I know cash flow can be challenging in Texas but if you are anywhere near break even it's a win as long as you're in a good area because values are only doing one thing over time in that DFW metro.

Challenges?