JIm I think the issue especially in todays market buyers might look at 10 15 20 houses before they pull the trigger are they really going to call 15 to 20 listing agents ???

Hi BP community, I'm a junior studying engineering and I'm starting to strategize for my first house-hack, and I hope to pull the trigger in about 12-18 months.

If that scenario doesn’t include financial suicide, bankruptcy, death, or something similar, then knowing that I’ll be ok in the worst situation helps with pulling the trigger. 

I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement.

It also triggers your taxable gain, but merely defers it over 30 years. 

I'm looking at the protocol to register and then have the safety and lead risk inspections, fix any issues and ultimately get the certificate of compliance for 3 years, then repeat.

I did a lot of homework on them and met with them several times before pulling the trigger. 

That triggered us having to pay transfer taxes, as the state treats an LLC as a disregarded entity, even if it contains the same members.Most of our clients invest using an LLC as their preferred corporate structure.

You also cannot rent to a family with a child under 6 unless the unit has been deleaded, the EPA lead paint disclosure form isn't enough to allow it like some people think... the unit needs a letter of compliance to legally rent to them.

Right now I am searching the MLS daily and have a subcontractor friend who lets me know if he hears of anything hitting the market soon as I am ready to pull the trigger on my first deal this year.