.- Section 105 plan: Make yours and your family health expenses 100% deductible.- Augusta Loophole: An S corporation owner can rent his or her entire home to the S corporation for up to 14 days per year and get big tax deductions.

I know that I will only occupy a unit for a limited time, and the house-hack is just a way to get more favorable rates, better loan terms, and elminate, or severely decrease my housing costs today.I am sure there is someone on BP who has built some wild spreadsheet, or other model where you can actually calculate the value of no mortgage, but for me, as long as I am covering most, or all of my PITI while I am occupying a unit, and the deal works as a stand-alone investment deal, then I am done running numbers. 

Chang,No experience with it myself....but I have read up on it several times and yes it is a real possibility....I was researching as we do new condos and conversions on the Civil and land use planning side of things, and I wondered "what is the redevelopment potential for a small existing condo building in an undervalued location?"

There also seem to be several property management companies that service these areas and the companies have stellar reviews.

Like everything in life parctice makes perfect and the key is to flip several similar homes a year, this way you get good at what you do, have working relationships with all the contractors you need etc.

I’ve came across several but they seem to be connect to a particular agency or are somewhat biased listings.Thanks in advance.Edison 

FYI it's generally going to have to be "dumb person and toddler" proof to close on the purchase ("dump person and toddler" proof is an easy rule of thumb for when an appraiser is required to call something out as a "health and safety" hazard), assuming you are getting a normal mortgage.

@Leah Dockter, Several questions there.1.

Reno has been considered a hot market for several years due to the tech industry spilling over from the Bay Area.

There are several local great meet ups, definitely check them out.