Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

As for the Capital Gains exclusion, talk to a CPA to fully understand how that works...

@Caio Ferreira Torres Congrats on getting done with your first one, I started back in 2017, and I've house hacked 7 times since then with a W2 making about the same when I first started, so it is totally possible, you need to understand how lender's calculate Debt to Income Ratio, it isn't just adding mortgages to the denominator. 

Thar sounds very good idea and so easy to understand ! 

(we once paid $1800 to a big name plumber in town to replace 6in of plastic drainpipe under a stand alone tub). 3) We need better understanding of the legal structure (LLC) that we should have in place for our property, and also a tax advisor (CPA) to help with understanding deductions.

Im gathering some information to have a better understanding with a FHA Loan for my first house hacking multi family property, and how to convert into conventional  loan or commercial loan .

I understand it is perfectly legal for other entities to be "Partners/Members/Managers" in this new Partnership/LLC.

My understanding in this matter, there are several options for selecting the home basis for a cost segregation study:A.

This method is not only practical but also reflects a deeper understanding of the property's income-generating potential.Also, we cannot leave out banks in this equation as lending practices in the real estate sector also align with this approach.

I personally own a personal home for the past 7 years so I kind of understand what can go wrong and things of that nature besides being a landlord, I never rented where I live just yet.i do agree with you, I’m still okay with going after a single family especially if it’s a great deal, why pass on it but, I do want to take it easy whether it is a single family or not, a duplex would still be a little considered easier compared to like a triplex or a quad.