I am tired of living the rat race and now I'm in a mindset where I am okay taking risks to jump into real estate investing.

I don't know Accessible CLG, but can say that we have rented to groups like this and have not had a problem.We have also rented to corporations who have people live there for only a few weeks at a time. 

Our goal has always been to bring in enough cash flow to cover ALL of our living expenses. 

If you are purchasing that MF property for $1 mil then you can use the 3 units as your replacment for the 1031 exchange ($750K of value) and live in the last unit ($250K of value).An awesome way to house hack your way up!!! 

As long as you're prepared to be a landlord and live next to your tenant for at least a year, house hacking is a great way to get started.

@An Lan I’ve lived in many cities where overseas investors do this.

Various other societies have more or less income and living inequality but none can counteract human nature, which is why some form of capitalism is inevitable.3.

Because of this I didn’t state any potential returns… there are too many variables.. would my partner want to live in a unit and run the property themselves and do short term rental?  

The state that I live in is also not landlord friendly.  

Any person over 18 should go through the tenant screening if they are living there...they don't necessarily need to be on the lease, but there is another area on the Chicago Association of Realtor's lease to add occupants.