Curious on peoples thoughts if I over stretched or if this is a “good enough” deal to get my first house hack in this market.

It's a very unique investment in that I have to pay for all the utilities but the income is very good when the house is full.

Accelerated Wealth Building: Room by RoomHouse hacking allows you to tap into a unique source of income by renting out portions of your home.

In fact, I am currently reading the book specifically on small multi-family units which has its own uniqueness compare to large units.

i have a very unique situation with a seller, that i need some assistance with.The owner of the property would like to sell; he has it as a rental arbitrage and that guy is renting out the 3 units.

Thank you for your advice, with my unique situation I'll need to find the right people to work with. 

I have a unique situation where an elder lady wants to gift me her house.

Speaking of appraisals..Unless it is a very low LTV or unique program/borrower most lenders will require a third party assessment of valuation or appraisal prior to providing a mortgage.

There are some states (like NH) with some unique issues as well about the step up in basis of the underlying asses - where you could end up inheriting their state tax liability. 

With this setup, the buyer would still make the same monthly payments, but instead of stretching those payments over 30 years, they would need to pay off the remaining balance at the end of 5 years.