However, if I lived in the units, the total rental income would equal $850 leaving me with a monthly payment of $350.

Hi I am a midterm rental investor, travel nurse by trade, lived in multiple mtr on my travels, have a great desire to grow in this industry.

Hi @Gino Barbaro, I was thinking of paying it back within a year using cashflow from combined rentals.

My goal is to have at least 5 rentals in the next 5 years, with the first rental being a new build house hack in Florida so that I can escape the Michigan winters and the Florida summers.

Looking to do mid term rental in the unit that is left furnished while they are not there and Section 8 in the other units ideally.Just trying to get my reps in with deal calculations.

One year ago I purchased my first rental, house hacking a 4000 square foot duplex.

@Alex Loginov where's your rental located?

You would be required to live in at least one unit.You can even use the rental income to help you qualify.Note, when you move a year or two later, you would need to move over 100 miles to be able to house hack again with FHA.

My leading thought is to try and offload the property through one of these approaches as it is a quality home that I think I could sell to a current tenant of mine from another rental unit.

Searching for homes under 100k (easy in my area in Kentucky) and turning to rentals (maybe) hud?