Because of this prices go up more quickly and benefit both investors and homeowners.

If experience is the lone qualification, you can align with a good realtor and contractor and maintain far greater control along with benefiting from all of the upside.

I would expect a court to give tenant benefit of the doubt for anything not clearly defined.

You can also benefit from the substantial equity in your property.3.

There's also the benefit of staying more hands-on with your property.

Correct you need to buy as an investor, or if you buy with a partner that will be living there you can put them as the owner living there and do an FHA purchase/first time home buyer (if they do not have any other homes and using that benefit already).

You may already have though about these aspects, but from personal experiecne, here are my 2 cents..Maximize Tax Benefits: One of the major perks of house hacking is the tax advantages.

I thought I could capture all of the tax saving benefits of cost segregation and the tax benefits that come from my LLC.

This could have three fold impact ---> allow for writing off paper losses against W2 income, increase the property value by increasing monthly rent, and all the normal cash flow benefits for RE...right?

There are many benefits associated with a 721 Exchange.