Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.For younger people, we call this "house hacking," where someone buys a house and takes in roommates to help cover the costs.

Estimated total cost of rehab is between 100k and 150k.

This results in a very low amount of income subject to UDFI and, consequently, UBIT.

If your holdings are small (i.e. a couple of SFH), the cost of setup companies, annual filings, etc. may simply not be worth the cost.

Another reason to try to negotiate low with the seller.

I’d love to cut the cost of our rent and maybe have a profit on top.My questions are: How does the market look for House Hacks at this time?

If you have 15-20% of the total project cost (land purchase, building cost, loan cost, etc) with an experienced GC, you can try commercial loans for new construction.

I am wondering what an average cost per unit would be and what things I should be aware of?

If you have a good rehab crew, make low cash offers and some will stick.

When I do my own units, should I charge a really low price to my own property to make it self sufficient as it would then cover its own expenses, or should I charge the regular full price for cleaning and pay myself the entire cost for cleaning to boost my income?