I have been passively looking at the small multifamily homes for a house hack, but the biggest hurdle is finding one in an area we both are comfortable to live. 

Depending on your goals, investment strategy, and comfort level with outsourcing, the flyover states can offer great potential to earn a quite attractive return on your money! 

See below a checklist of items you will need:Copy of your Driver’s License(s)2 Most Recent Paystubs2 Most Recent Bank StatementsMost recent retirement/investment statement covering the most recent 60 days2 Most Recent Tax Returns2 Most Recent W2’s/1099’s2 Most Recent K-1’s, if applicable*If your ownership is greater than 24%, please also include copies of your 2 MostRecent Business Returns, YTD P&L and Balance SheetFor all properties that you own, please provide the following:Current mortgage statementIf you do not escrow for taxes/insurance or if you own free and clear,please also provide:Current insurance statementCurrent Tax BillCopy of your current/most recent HOA receipt, if applicableFor any/all investment properties, please provide a copy of your current leaseagreements, if applicableIf you pay/receive child support/alimony, please provide a copy of your completedivorce decree and/or child support agreementAre interest rates the same as buying a primary residence or higher?

If something goes wrong you are at least comfortable with the asset you've tried to rent out. 

More importantly, it has helped me get my wife comfortable with REI.

Fortunately she had grown comfortable with it by that time and we started the search that led to this one.

Fortunately she had grown comfortable with it by that time and we started the search that led to this one.

My wife and I had grown comfortable with REI with our first two properties and I knew this house had been built better than any of the others in the neighborhood (we had looked at 20+ in the neighborhood before buying the neighboring house 3 years earlier).

I'm wondering if I might be to conservative but with the current situation I feel very comfortable with it.

I also feel more comfortable dealing with sellers as a company because it makes them more comfortable most of the time as well.What you're mentioning about the lowest quality smallest size postcard with misleading and offensive headlines is exactly the opposite of what I thought works lol.Also, I think it matters, but I'd like to get your opinion on that as well.