Because you are forcing equity into the house you are sometimes able to pull back out the entire purchase and rehab process to return to your investor then you own the home with just the mortgage.

Hi all, I am considering the following strategy for a house hack in Old Town Alexandria.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

House hacking is financially a no-brainer and no city in the US (including Chicago) has more duplexes than Milwaukee.

My wife and I purchased a home at the very beginning of 2022 and "house-hacked."

I'm from Leesburg, and I can tell you—multi-family is a solid choice (piggybacking the previous comments which I agree 💯), especially with that live-in/rent-out, house hack strategy.

We would buy this house all cash. 

I'm having a very hard time with them and on the verge of losing my earnest money on a house purchased to flip.

Hence spec house.  

It's an acreage property near the lake that has a main house (2/1), guest house (3/2), and small studio-layout unit (3 units on same property).