I definitely appreciate you sharing this info though!!

If not, there is a legal reason preventing them.

Not sure of your situation exactly, but we've definitely made that case before and helped investors with a conventional loan. 

Niagara Region is definitely growing.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If there are plenty of studios or private single rooms at the same price or cheaper than a shared-space room at your place, you will definitely have a hard time filling up.Are there extended-stay motels in your property's area?

I can definitely attribute a lot of my success over the last few years due to the connections I made on Bigger Pockets and the things I've just simply learned by listening to and reading all the great info available here!

For your first question: you can definitely be successful either way.

Memphis is definitely a solid market known for steady growth and affordable housing.

House hacking and leveraging my W-2 income to stack properties before transitioning into full-time real estate makes a lot of sense, and I'll definitely keep this approach in mind.