Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

Following to read people’s thoughts.

People weren't renting properties as quickly, and there was an increase in vacancy.

I was advised people if you have 25 or $30,000 put it in a deal and learn from there but don't give it to a guru. 

Just curious why people think they should be in jail?

But I wouldn’t trade the experience for anything in the world.

Unfortunately, people in the trades are often good at their trade but poor at managing their business.

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

. - some strategies I've seen California investors use to lessen negative cash flow: house hacking, mid-term rentals (people temporarily displaced from home renovation or insurance reasons like fire), rent by the room, Short Term Rentals. - The ultimate house hack, live in the small ADU unit and rent out the two levels of the main house on AirBnb in San Francisco (I would have thought STRs are oversaturated in S.F. but it worked for them and they stay fully booked).

I know its mean to say that people who do their own contracts get what they deserve, but you must know that if you are paying a couple hundred thousand dollars for something it just might have been worth spending $600 on a lawyer to do a proper contract for you.