I'm thinking about house hacking/live-in flip but I want to know what others' experiences have been in renting out multifamily and single family homes in the area.

They don't evaluate the actual floorplan, quality of finishes, view out the living room window, yard condition, the barking dogs next door, or hundreds of other data points.

This is one reason that people have been saying cap rates would be going up because why would you buy RE at a 5 cap (5%) when you can take that money, in todays interest rate environment, and invest it in safe investments that take zero of your time and don't have unseen expenses, and get 5% or better?

I plan to live on the property and eventually sell (it's vacant with no squatters).

I live in California but am looking more towards the East Coast for my investment. 

You don't want a person living in a place with that in the basement.

@Yousuf KaleemI used to live in Davis and now in the Tahoe Reno, NV market.

I'd like to purchase a 2, 3, or 4-plex and live in one of the units and rent out the others as my best way to get into this crazy bay area market. 

I was telling my brother this, but this era of harsher rates, less liquidity is going to make Americans a lot more diligent with who they live with, work for, how money,  works. etc.

Of course since we’d be living in 1 side that would get cut in half but that’s fine.