With the high housing market in the past few years, house-hacking and living "rent free" is very tough almost everywhere in the country, especially if you are planning on putting <20% down (higher mortgage payments + PMI).

It's a tough, stressful road to get there, though.

I don't know anybody that keeps material credit card debt or just pays the monthly statement when due.

Ownership and usage would be in question; thus they would be tied up legally.Concrete material components are mainly sourced in the US.

Hi Sunny,I expect DFW and Indianapolis to be similar to as you describe, although $250,000 price point can be tough on newer homes less than 10 years old. 

They buck the passive rules for 469, and are considered active.BUT - As with any other business, to deduct the losses the owner must materially participate.Material participation is achieved by:1.

Tough break Pamela.

This is a tough one. 

But really the only info out there on them is marketing material (I'm talking to you Brett!).

That means no HOA neighborhoods, which rule out many places.  3bedroom might make it tough to work, unless you're sleeping in the laundry or garage and renting full 3bedrooms.