I had never heard of "house hacking" before, but it was mentioned in the first episode I listened to, and knowing that was already the strategy in my head, I figured I need to learn all I can about this approach!

I will be attending some meet-ups in my area in the next few weeks and am currently doing the mentioned search on BP for local agents.

Good to know.Since you may know, I do have another related question:  You mentioned that every time I pay my mortgage, a new balance is reported. 

You mentioned some small rooms, this often happens when a large addition is attached to an older smaller house. 

So very similar to what you mentioned about buying a multiple bedroom place and either AirBnB'ing or getting some roommates.

The tax will be paid.However, Eamonn also mentioned the way for you to avoid paying that tax indefinitely including recapture of the 4 years of depreciation. 

I can't offer insight on the other states you mentioned, but I have a property management company in Austin TX. 

As Autumn Alexander mentioned, you should definitely check out the local meet ups.

@Katherine Linza  Yes, as Michele mentioned, typically banks will use the lower of the appraisal OR purchase price. 

@Charles Mention You need 2 years history in same line of work not with the same company.  1099 is not a problem as long as your DTI is under guidleins.