This will give you some idea of what you could possibly make.

Great conversation topic here!

The letter it self is much more intimidating.However, your idea is also good.

One thing to consider is splitting the idea of looking for a place to live and the idea of an investment property. 

Any and all constructive ideas welcome other than telling us we shouldn't have purchased without a surefire plan - we know :)

G'Day everyone,Nobody talks much about the S#@% that real estate service providers put with.All we mostly see is the bad reviews from unsatisfied investors talking smack on all of us.So, I’m glad the thread I started a few weeks ago got traction and that many of you agreed.You can read more here - https://www.biggerpockets.com/forums/48/topics/1170821-wtf-i...I'm also happy to share some further light on the disrespect, incompetence and ignorance that we sometimes have to deal with.Here is a recent situation and unfortunately I’ve experienced hundreds like it over the the years.I guess common courtesy and common sense aren't so common nowadays.

I would absolutely entertain the house hacking idea if not for my wife 2 children.

Always love connecting with you here on BP - look forward to hearing if you now feel differently about the topic. 

Have done a bit of research on all the strategies.So far, really like the idea of getting into section 8.

Was curious if anybody does this or if it is even possible.You could, but you promised the seller to make payments on the note, so it's a bad idea.