Hi @Tim Holt I think in general house hacking is usually a good move because it gets you off the sidelines and into the game with the most favorable financing possible (30 year fixed).There's a lot of value in getting started today vs waiting some undefined number of years until conditions are better, which could be a long time from now, because real estate is a business and the sooner you start actually learning about that business, the better.With all that said, I always recommend that people analyze any potential house hack as a pure investment that they aren't going to live in, because someday they may want to move out and you should know up front (before you commit) whether you're going to be able to do that, or whether you're overpaying and will be stuck in the property unable to move out because it'll be cash flow negative if you do.So you had it exactly right when you wrote, "the property would need to cash flow when I move out and rent out all units."

Would have been a good title for a forum thread for people looking to do direct exchanges.

It appears to have been maxed out and would lead most people to think it was a first position lein due to the amount owed on it.I am in touch with some family members tracking down who is in charge of the estate to make an offer to buy from the estate if it might make sense to avoid the trustee sale/s for them.

that seems to work for people? 

It was put in place because the feds have increased immigration for the last ~10 years (over 5M people or 8% of our population) to the point that we now have a housing shortage. 

This is how wealth has been grown for years for many people.  

In high season, people generally stay for longer periods of time and things are humming a bit easier.

Most importantly, the property backs to a city greenbelt and homeless people will camp out there and scare the daylights out of my tenants.

Any people who have worked through the grant process in MI before who can weigh in here on other considerations? 

And the calculation windows for when interest is assessed would probably surprise most people, it's generally not what one thinks it is so often waiting to that statement does often incur interest charges.