@Gladys Villa how much experience will you gain if you buy a 2-4 unit, live in one unit and rent out the other(s)?

The question is, what date is used to qualify the year of holding to avoid short term capital gains tax?

(https://learn.lofty.ai/en/articles/7025226-sell-equity-in-yo...)I understand I can also sell and do a 1031 - I've successfully done that once, and failed a second time (could not win an offer and ran out of time - had to pay a ton of capital gains tax). 

If the numbers broke even at 3.5%, investors would be flocking to buy that property putting 20% down.House Hacking is about the long term gain.

So, if that business is showing a big loss after adding back deprecation, and other add backs for rental income, that loss (or gain) will still be  calculated  into your debt to income ratio. 

This may be more of a question for a lawyer, but from a tax perspective, that's my input.It's also worth looking at the sec. 121 home sale gain exclusion to see if it might be something you qualify for in order to take advantage of the exclusion amount since you mentioned it was a previous primary residence.

Even if the value does go up it is unrealized gains.

Has not got much tractions yet. 

My plan is to utilize the 5% down payment available through conventional loans.I would essentially mega-commute for the first year or two, working about 10-day stretches and then having equal time off, using my PTO strategically to gain more time off.

Risk tolerance is fairly low as I'm still gaining experience.So far, having trouble finding properties that meet 1% rule or seem to cash flow.