This will give you the ability to tap that equity later if needed to go purchase additional properties. 2.

This isnt exact but if your gross monthly income is twice that of your current monthly debt on credit report plus your new housing expense you make enough to qualify (roughly). 

So there is an additional cost but it's typically much less than the fees charged by the OTA platform.

It's just too risky to have that much high cost debt at one time.

In addition looking to connect with investor friendly:1.

Completely different metrics/analysis as opposed to a traditional rental property because you get an additional, massive benefit: shelter. 

Just wondering if anyone has done this and what safeguards (contract, insurance additional coverage etc), if any, they felt were necessary, and if they've had any unexpected issues.  

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.

This one sale will enable us to buy 5 additional cash flowing houses, and expanding our cash flow.  

He said he'd want half of that 65% split in addition to the 35% since he's got the buyer.