@Lucero Galvan So the house we’re in is kind of unique because there are no stairs in the inside, so the basement has its own entrance and is totally separate from the upper level where we live.

Taxwise, the unit I lived in is considered my primary residence, and the two units rented out goes on the schedule E, and depreciated.

You will probably need to post what area the properties are in. I

If you were focused on house hacking, but also getting a great property to live in I would try and find a home in Montrose, Rice Village, Rice Military, etc. that has a garage apartment (sometimes these are 2 story duplexes so size can be large).

And you'll still have the relationship with the other tenant to manage, especially since you're moving in. I

I use propertyradar.com depending on the state you are in.   I

There is nothing at all saying, once I tell you that one piece you are going to call me to put the offer in. I

This ‘buy in’ is any capital in the new LLC and/or cash he has on hand that he was supposed to use to buy properties.

The San Antonio market I operate in is known for massive appreciation.

After moving in, I fixed each unit myself, one-by-one and rented them out.