Perhaps do a case study with a hypothetical deal you think is typical for what you are looking at and compare it to the alternative investments you might use and their expected returns.

The way to get access is typically reaching out to the sponsor and getting the PPM and the documents you need to do a thorough review.

Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

Living in the worst unit each year and fixing it up-- the equity gain is just going to be phenomenal.

But when it's equity gains, no tax, only at time of sale and if you 1031 Uncle Sam let's you continue to use that tax-$ for investing purposes.

I lost money (opportunity loss) but I gained a wealth of experience. 2.)

All the depreciation and the capital gains go away.

By adopting the house-hacking method—living in one unit while renting out the others—we plan for the tenants to cover the mortgage and gain valuable property management experience.

Up front fees (outside of appraisal fees) are typically a red flag when dealing with a HML.

You typically need to be in the $400-450k range to see those rents.