Geographically locally where is your house in the landscaping?  

My plan is to start house hacking.

My girlfriend and I are looking to get into Multifamily real estate investing and have looked into the possibility of house hacking, although a good property for it seems to be tough but not impossible in this area.  

@Angelica Byrnecan you just save up enough until you are able to house hack? 

With the upswing in the country's short-term and mid-term rental markets, a unique opportunity is presenting itself to house hackers during a time when it's harder to cash flow than it was a few years ago.

There are not too many people who can pay 40K cash to buy a house.

Oh, those older houses! 

Buying a new primary residence has nothing to do with the capital gains exclusion.It is when you go to sell the new house down the line you'll run into a problem.

Which is why I think house hacking is best for 90% plus of new buy and hold investors.I wrote an article on this a while back that goes into more depth and you might find that helpful: https://www.biggerpockets.com/blog/get-a-loan

They just came out with a BabyBox, even smaller one that circumvents state housing lows and falls in as an RV.