Thanks ahead.I would never pay for it.

This is very important and can cost you a lot if you don't pay attention to these rules / regulations. 

A traditional bank will not give a line of credit even if there is significant equity because it boils down to being able to pay back the money. 

One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

Pay attention to the duration.DM me if you want additional thoughts.Jeff

House hacking seems like the best strategy for me.My goal is to purchase a single-family home in Maryland, D.C, (from lurking I've heard D.C was terrible for investing) or Virginia with multiple rooms where I'm making monthly payments similar to what I pay in rent and other charges ($2000-$2500).

When calculating your return, bear in mind you'll most likely have to pay 100% in cash to make it work.

It simply means that you agree to let them perform a 1031 exchange which starts with the sale - not that you have to help them finish. 

Don’t forget to pay your state of OH income tax, even on the formerly tax free money you are transferring out of NV in to a state with income tax. :-). 

They use the same amortization schedule unless you are paying interest only.