Great idea mortgage fraud would allow you to live rent free in Club Fed

im planning to buy a 3 unit property in NJ here is the details purchase price $369000seller concession $10,000closing cost $15000downpayment $18500rate 4.651%1st floor 3 bd 15002nd floor 3bd 1418 (section 8) hoping to get $100 or more 3rd floor 2 bd 1250property taxes 11500 ( with town stating 2% increase upcoming year) so add 300 to that insurance is 200 a month estimate water is 200 a month estrepairs 200 est ( was recently rehab 5 years ago)vacancy 200 estmisc 100 esttotal cash down is 23k for everything reserves taxes etc since 10k concession is going towards closing imliving in one of the unit's bedroom with cousins so i expect to net $600 a month and live rent-free. the basement is unfinished but would like to find an investment app or site that will show me 5 to 10 years from now how this investment will be seeing how i would live in the property for 1 year.

So I have been learning about investing for a while and bought my first investment property (house hacking) to live rent free.

You have the cash to buy a duplex or even go up to a triplex if you can afford in your area. continue to save and once you rent out the multifamily you will live rent free. try to take the smallest unit or rent out bedroom to your buddies to increase in cash flow.

You could track them down and threaten them or wave your arms wildly or plead that the unpaid rent is costing your mother that heart transplant you've been saving up for...but the tenant won't care.My recommendation is that you turn the unit around ASAP, get it rented, and move on.If your tenant caused $1,800 in cleaning and repairing, you may want to raise your screening standards for the next one.

@Lloyd Son We're taking a lot of transplants from NYC!

Live real estate 24/7.

I am a transplant from New Orleans and have been living in Katy for about 3 years. 

I am mainly trying to mitigate my housing costs and not necessarily live rent free. 

The previous owner allowed the section 8 tenant to practically live rent free as long as she didn't report any code violations to code enforcement.