A lot of times when you make a bedroom out of a room, but your square footage is the same, you don't end up adding much to the home.

You need two years of experience under a Broker before you can break out on your own.

As @Matthew Porcaro says, a big benefit of house hacking is that you are living in one unit and renting out the rest.

Could you please share your experiences, tips, things to look out for? 

This post is directed toward professionals who know real estate in and out.

TLDR: I'm buying out my house from my ex-boyfriend in Seattle (King County), Washington and I'm struggling to find what the REET if I'm buying my ex's stake in the house.

@Marc ShinPrimarily to capitalize on the higher bonus depreciation since it is declining by 20% every year at the moment until it phases out.

As an investor-focused agent in the Cleveland market I always have my clients write the following contingencies in when buying a house that's tenant occupied:1) Offer contingent on home inspection- usually a 7-10 day contingency period, this contingency allows you to either A) move forward with the deal B) renegotiate the price if issues are found, or C) walk away from the deal2) Offer contingent on appraisal if you're going financing3) Seller to provide copy of current lease agreement4) Seller to provide a rent roll/tenant ledger with proof of payments received5) Seller to provide copies of 3 previous months of any utilities paid by the landlord6) Seller and tenants to fill out Estoppel Certificate.

As someone just starting out, I know that confidence can feel hard to come by.

Quote from @Brendan Lawrence: Looking for solutions to offer financing to buyers:We have a unique asset class that we're building out here.