Personal use - if you or your family used the property for personal purposes, you will need this to factored in. 

Recently had a conversation with an MLO who had their license with Company A (NMLS regulated) and then on the side, this person conducted commercial-only business loan-related activity by starting their own LLC (company B) in the states where no mortgage licenses are required.

Many require that you keep funds separate from personal funds.

There are multiple potential strategies it's just really going to depend on your personal situation. 

I will make that proposal to the person I am talking and see where it goes.

This might give a one-time (non-scalable) boost to cash flow, offer multiple value-add options, and allow the house-hacker peace of mind, via the assumed mortgage, in long-term breakeven or positive cash flow in the event that the value-add plans end up not being executed, and/or the person has to move out, and rent by the room or STR become unavailable for some reason at a future date.

Hi Bruce, i'll start by saying i'm a mortgage person, so please understand the context in which my response is coming from. you'd need to create CC&Rs/bylaws and establish an HOA in order to do this.

I have not seen a significant difference in this area between section 8 and non-section 8 tenants, personally. 

I'm now finally here in person, and have started to go view places in person with the intent of purchasing. 

House hacking is the BEST way to get into real estate investing and that's how I personally got started as well too.