A few years ago there were a lot of get rich quick types, and I still get contacted by people who think they can buy 2 houses and retire on the cashflow. 

@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

The main differences (besides rates/underwriting guidelines) is what you can include in your renovation costs.

You can have two houses within a quarter mile of each other with vastly different ARV and rent amounts.

I’m definitely working hard to create a solid foundation for both my family and my investments, and it’s encouraging to connect with like-minded people who are exploring real estate as well.You’re absolutely right about Section 8 housing, the stability of cash flow is definitely a big draw for me, especially with the U.S. market being more accessible in terms of affordability compared to Canada.

House hacking in Chicago can be a game-changer—letting you live for free (or close to it) while building wealth through real estate.

Funny you mentioned a $600K house doesn’t pencil out as a rental.

There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.

The first main purpose of real estate investing(or any other investing) should be the return you are getting.

@Jonathan Baptiste Have been house hacking before it was a thing, 29 years to be exact.