Quote from @JD Martin: I can't speak to rates - I think eventually they come down out of sheer necessity - but as far as the economy we must be living in an insulated bubble up here in Northeast Tennessee; no one has bothered telling us the economy is bad.

Quote from @Jason Ghent: Hi everyone,For the FHA, what about the case where you live in the primary residence but just rent out the remaining rooms?

Eventually I realize that when I think about living on post-expense rental income, I’m treating the income as the “withdrawal rate”, in Boglehead parlance.

If you're thinking of living here I imagine operating this will be a challenge.

House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.

And are actually making a good career educating and assisting investors to maximize the benefit of the 1031 exchange.

The top unit and rest of the townhouse is completely unliveable without renovation, the only liveable spaces are the two studio apartments that the tenants live in.

In my opinion the best way to house hack is to purchase a multifamily where you can live in one unit while renting out the rest.

Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work. 

My property was originally purchased as my 1st home, so if I would live in the area myself, then I would recommend it to over investors.