Quote from @Olga Daisel: @Randall AlanI agree with Randall on getting more details, $7K gross a unit btw is a great gross income.

House hacks are fairly straightforward regardless if the units are separately metered.

Those are desirable areas where a nice 3 bed 1 bath unit can rent for 1,200 all day long.Don't fall victim to the pro formas showing New Haven and Hartford to be these amazing places.

I have found my first multi-unit property that I am going to make an offer on. 

Investment Info:Large multi-family (5+ units) commercial investment investment.

At this level of scale, it is almost the same as running an extra unit.

I was trying to figure out how to raise capital so that I could build to rent a 50-75 apartment unit in the next 5 years.

Im a medium sized operator - 46 units- and my typical deal has an ARV from 200 to 230 when its finished.

The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level). 

The good thing about this is you can do a parent listing offering the whole place, as well as 2 other listings for each unit.