However, you do have to be comfortable with the fact that you're not going to be conforming to "traditional" social norms.If you’re going to get into house hacking as a wealth-building strategy, then it’s important that the money works out in your favor.

The higher the cap rate, though, traditionally you will face greater risk.If I were you, and I was at one time, I would concentrate on pre-tax cash flow.  

Traditionally has met at Best Western Suites, 2000 Beach St., Fort Worth, Texas 76103 on Thursday nights.DFW REI Club – dfwreiclub.com – Meets about 2x-4x month, normally on Saturday morning from about 9am-12noon at Manhattan Plaza 6850 Manhattan Blvd, Suite 205 Fort Worth, TX 76120.

“It is very easy to find the money for a great deal, but it is very difficult to find great deals.”All of these options are expensive compared with traditional mortgage financing for an owner-occupied home.

Have you considered options other than traditional long term renting to boost the revenue and make it so that you aren't losing money?

More than 50 customizable funds offered on Avestor platform combine the best features of syndication deals and traditional blind pool funds offering investors the ability to pick and choose which deal they want and still get the benefits of a fund wrapper including a single K-1.

This would not be traditional house hacking, but maybe a cousin to it...

@Jason Warner 1) are you using a traditional lender ?

My best guess is that they are going to prohibit it in the traditional old part of town and allow it in the newer annexed areas like Leisure Mountain, Reynolds Mountain, etc.

Traditionally I recommend a house hack combined with a BRRRR, but your capital is low and I have concerns about the current RE market and associated cash flow.