Now, I find it hard to think that all of those people considering house hacking these properties had done their homework when making offers as we are seeing properties go above asking prices again.Now, if the numbers aren't working for me as a savvy investor whose play is to buy a four flat and keep one unit to airbnb/my friend and I to use when we come into the city, I have to wonder if all these house hackers are really considering what a swift economic downturn will do to their ability to keep the building.

The benefit to me:-Potential cashflow w/ minimal investment-Ability to potentially negotiate lower selling priceBenefit to Seller:-Ability to find appropriate 1031 property and not be rushed by 1031 timeline requirements-Peace of mind that mortgage will be paid and he can sell wheneverQuestions:How would I calculate the correct lease price?

You always want to have the ability to not take the rent so as to prevent the cure.  

You're being sold a bill of goods....

Bottom line as long as you have the ability to repay and the valuation of the asset is sound you won't have an issue finding a lender willing to work with you but your first question will be "do you offer non-recourse loans".  

Most people who are using HM are doing so because they either have maxed out their existing credit lines or don't have the ability to use bank money.

The pro is the ability to save, plan and not have to worry about paying my bills.  

So as a fellow OC investor what are some of your favorite areas to invest in, in SoCal because you are making a lot of senseWherever I can find the best deal that I can reasonably assess and control my risks all the way through on ... my ability to do that drops exponentially as the radius from my front door increases.

A bill that would do so marks the most significant move yet in a growing movement to cap rents and control private propertyThis is what current people are thinking --they want to take over rights of property owners:http://48hills.org/2017/04/03/two-ways-eviction-cr...

There are some differences, but overall they are very similar to a typical SFR, and the scale-ability of your investing naturally comes easier.