It requires some work—you’ll be a landlord after all—but the financial rewards can be significant.If you’re willing to live near your tenants, take on property management tasks, and want to grow your investment portfolio, this strategy could be a game-changer for your financial future.Final ThoughtsHouse hacking with a multifamily property is more than just a way to save on housing costs—it’s a proven method to accelerate your real estate investing journey.

This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.

It was very difficult for us to find a bank to refinance the deal and also difficult for us to procure a buyer for the condos we didn't want.The cap rates typically traded higher than a simple ownership interest. 

I really like how you worded all this Tyler; it's very intentional, methodical, no ego and all learning.

There is no hard and fast method , besides experience . 

It's probably not that much additional overhead, but since we're new to managing remotely I figured it might be best to follow the KISS method as we get started.

But I feel I see some people grow rather rapidly. wasn't sure if they were using some sort of other method to get ahead. 

A lot of people realize later that they traded a steady, easy job with the weekends off for an unpredictable, annoying job that is 24/7.Remember that you aren't chasing financial freedom; you are chasing time freedom.

For illustration purposes, it's quite normal to acquire a mix use building consisting of 9 residential units + 1 commercial space for less than a 9 unit multi-family building would trade in the equivalent location because the commercial space is an automatic disqualifier for many investors.

A 14-50r plug was always the preferred method, especially before the world woke  up and switched to the Tesla charging standard.