Do not rely on it for legal advice.

The information contained in this post is not to be relied upon.

Do not rely on it for legal advice.

House hacking relies on conventional financing, cash purchase, private money or seller financing. ( I don't know many private money lenders willing to lose their pants by writing a note on a owner occ. property)@Steve Hall has good questions because this is 1.

For the Indianapolis marketing do not rely on Zillow estimates - they can be extremely inaccurate (+/- 30%) for a variety of reasons. 

Do not rely on it for legal advice.

Rely on your information you learned as a guide, but remember that each deal brings on its own unique circumstances that may not have been predicted. 

A thought..don't know your area.. but I would not rely on seller for septic info..

This schedule gives the lender the market rent of the surrounding area and you can use the lesser of actual rents or market rents to help qualify from the other 3 units while living in the 4th (fourplex).The rental income can be important if you cannot qualify for the building with your income solely and you're relying on the additional rental income of the 3 tenants to help qualify.Keep in mind most lenders will only be able to use 75% of the rental income from the other 3 units to add to your current personal qualifying income.The lender, assuming this is a 4 plex will still have to calculate debt to income from the combined income  ( personal job income + rental income from other units) which usually maxes out at 45-57% of this figure.Best of Luck,

Do you rely on a realtor for advise?