I'm in a similar situation.

Another thing to consider is your goals for this first house hack and your living situation.

The goal is to achieve and maintain financial freedom.

It's such a broad question that it's hard to answer.My original intent was financial freedom for my family.

@Eddie Gonnella Also, when you are at such a scale, you may be able to fetch a valuation based off of cap rates, rather than a rev. multiple.So it is possible, and it is smart to think ahead in this situation so you don't get stuck with nothing if you want to exit!

Hello- I have a. situation that I need some clarification and understanding.Situation: My wife is the Conservator and legal guardian of her mother who is in memory care.

They literally went through each operating agreement and prepared an email listing out each member of each LLC and clarifying they each had to guarantee the loan despite the fact none of those entities were even being used for the purchase (which was previously explained to Dominion Financial). 

Prioritize your financial stability.

I know for myself and other investors they have had situations where someone in the building department says something verbally but then when you go to get the permits or approval things have changed.

Building equity in your house is one of the biggest financial advantages of homeownership.