Maybe studying all of this is unnecessary, but at the end of the day, the more you can perceive change in the RE space, the better you can adjust your strategy and criteria to profit in the market.

If you’re residing in one space and renting out the other space, do you have to apply for an investment property loan or will a conventional loan work?

I am curious if anyone has experience in this space and would be willing to discuss their experience?

@Neil Anthony, if you want to learn the MF space, I think investing as an LP in 2-3 syndication deals is an excellent start, especially if you are investing out of state and, assuming you have a full-time job.That is how I started.You can learn how sponsors evaluate and offer deals, listen to other investors ask questions of the sponsors, and, IMO, you can attend in-person events where you can meet other investors and sponsors and ask all the questions you want as well as hear investment stories of all kinds.Once you get through some time immersing yourself in the MF investment world, you will have a better idea of whether you want to be an active or passive investor.  

@Zachary Jensen if you dont raise rents a few percentage points, you will find yourself substantially under market over time.It’s not a greed thing, but you’re likely going to sacrifice the capex savings rate with the increases your not realizing, and then replace a roof or do foundation work years from now at higher costs-dipping in to your pocket for the repair.That’s not a horrible thing for a house hack, since it’s your living space too, but over a handful of properties over a decade or two, you’re turning a positive return into a neutral or negative return, which is not how successful businesses are ran.

He is crushing it in that space.

There should be some runway in this space and opportunities.

Now, that 4/2 is a bunch of extra space that a single person does not need, it's just extra crap to clean/maintain/etc.

It just seems like such a waste of space in the room, would only invite bacteria on the carpet, and is an unnecessary area for possible plumbing problems in the future.

This is especially the case if you downsize from a house to a condo or townhouse because, not only would the space be smaller, but because HOA’s tend to take care of exterior care.