I am wanting to cash this out and buy more properties. 

hi, Buying my first 7-plex in FL (already have multiple duplex) and there is some space to add few pre-fabricated shed storage units. 

Would you buy a home here for $800k for this strategy? 

A knowledgeable realtor can help you find properties that are well-suited for house hacking.I hope this helps, and good luck with your first deal!

This allows the sponsor to buy a nearly $50M property with just a few million of investor equity--but it provides zero resiliency to an adverse market. 

But I'm now considering selling that Merced rental and using the equity to buy a San Diego house that I would use as a 2nd home/vacation home & rental.I would rent out a portion of the house & save a space for myself when I visit.  

Which frankly I don't buy as an explanation.

I am a first time home buyer looking to purchase an out of state investment property through a newly formed LLC (I am based in NYC, looking to buy in Ohio).

I caught the Pace Morby bug and plan to actively pursue other options since the trad lenders underwriting is making it difficult to follow my strategy of buy and hold.

For a little more money you can buy a mobile AC, which looks like a dehumidifier.