It's running a business NOT renting a house.  

I considered starting out house hacking a MF, but it will only increase my monthly expenses, not lower them or provide cash flow. 

With the lack of housing and the cost of everything going up, more moderate practical housing spaces might be a thought. 

Here in the USA you have to be licensed to build a structure that will house someone else.

Institutional Borrowers (With In-House Capital Markets Team): We work with many institutional clients with 1,000's of units under management that have in-house capital markets teams.

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

Can you buy a house and be within reason of what your current rent? 

I have my dad’s house (he passed 2 years ago) and am wanting to rehab it & rent it.  

From my experience working with over 400 investors, those who start with house hacking scale much faster.Good luck!

Quote from @Mitch Seiffert: I have a single-family house in Minneapolis that I've been approached by a couple of parties interested in using it as a group home.