Brother A gets mad because brother B keeps inviting and conveying the benefits of ownership to D and E who haven't put any money in....Or brother A wanted it to rent it enough to offset his payment but B and C want to occupy it the popular weekends...

Jared,Take a look at these articles and I think you will be able to make a decision.http://www.themoneycommando.com/umbrella-policy-vs-llc-asset-protection-part-1/http://www.themoneycommando.com/umbrella-policy-vs-llc-asset-protection-part-2/ They dive into very detailed explanation as well as many risks/benefits & possible scenarios in which makes better financial sense.

Of course you can house hack with a SFR by, essentially, having a roommate, but personally I would want my own space especially if I owned the place.

I figure I am going to rent to students and if I remove the dinning room then I would benefit in having another rentable room and making it a less desirable party spot.

I figure I am going to rent to students and if I remove the dinning room then I would benefit in having another rentable room and making it a less desirable party spot.

Secondly, you must have some discipline, which is essential for real estate investing.

But since that's not the case, I would need to move to a place that I could essentially house hack by renting out part of the building and living in the other.So why am I posting about a basic house hack you ask?

The calculations are also impacted by your current income which impacts the tax benefits of your properties. 

Having moved from Germany to the US myself I understand the challenges and benefits of investing in US real estate.

You would likely have to pay a high interest rate to entice the seller, but with that and the tax benefits to the seller of recognizing the profit over time rather than all at once you might get the deal done.