We plan on living in the house and doing most of the fixes and renovations ourselves.

I buy houses in the Memphis market.Terry Clothier REI Nation

It's going to be pretty dependent on the house to think about what you can expect.

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

Not only does it have excellent potential as a house hack, but it also offers significant upside for a live-in flip.

I recently purchased my first duplex in Peoria, AZ in September and I am using it as a house hack where I rent out one side and live in the other.

I am an aspiring serial house hacker based in southern New Hampshire actively searching for my second small multifamily deal in the Nashua area, but I've hit a wall with inventory being so tight in my local market.

Quote from @John Winters: Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. 

@Adam Luepke - Great first house hack! 

Quote from @Vid Vin: Was the house really for 2000 dollars?