Should I be budgeting significantly more sense people are in and out of the property versus them living in a long time? 

Note that I live in the Netherlands, which has many tax laws.thank you 

Hey @Jerry Nogueras - I was in your shoes too, born in NYC, and lived between there and Long Island. 

I invest in about a 50 mile radius from where I live.

I need to find a place to live and I don't know what to do. 

I'd highly recommend house hacking in your local market since you're in one of the highest cost of living areas in the US, especially if you're renting currently and planning on staying in the area for 5-10 years.It sounds sexy to go out and invest out of state for your first property.

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

Working horrible job, living horrible, no golden streets of opportunity found.

Not only does it have excellent potential as a house hack, but it also offers significant upside for a live-in flip.

I currently live in Michigan.