But I don't believe that they are.  

Does it make sense to be house hacking if your monthly expenses become 2-3x what they are now?

I'm currently reading a book right now that it is pretty informative called: "Fire Yourself"Nick, there are literally hundreds of these deals that come out every month.And syndications include crowdfunding deals which are essentially the same thing except they are allowed to advertise over the Internet.

The reason it’s usually not done is the profit isn’t pro-rated, it’s consider $100% first.

It was great working with you as well - Another 1031 success story.At your stage a lot of clients are merging off ramps to reduce (but not eliminate) the tax. 

Which is why you need the advice and counsel of an experienced, and skilled pro - everyone with a law degree will not provide the same level of advice. 

Are you planning to keep it for more than 5 years?

In some areas laneway or carriage homes are quite common (ie two homes on one lot-usually one is smaller). 

That said, everything I read and Realtor friends I speak with confirm that sales are far and few between in residential housing at the moment. 

Do you usually screen tenant (credit score, income etc) just like the LTRs?