Rents are low and prices are high.

@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

When they do HML on OO, they want very low risk.  

Alexandria, VA is a great spot for house hacking!

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

I  Income:  The amount of property you can buy will be dependent on your Debt to Income ratio.  

I've owned 2 houses in College Station/Bryan (Texas A&M University) for 8 years.

When you move out you begin to experience POSITIVE CASH FLOW in which your tenants help you buy the property.....where eventually you own it out right, and now it becomes like a pension..........Predictable and Sustainable income for life.   

With your Fico and down payment, all you need to do is make sure you pass the debt to income requirements. 

Also, the term "house hacking" is generally used for your owner occupied home (renting out rooms in your primary home) and that income cannot be used to help you qualify (it is considered boarder income).