Is Type 2 the scenario where I have the property as a pure investment and I'm not living inside of it at all?

Wishing everyone a season filled with joy, success, and amazing deals.

No tool is perfect, but one can reliably understand if the cost/market potential ratio makes sense to pursue.is this purely an investment for you?

But again, since you want to live in the property its hard to analyze as a pure investment, you should be liking area, commute etc.

The goal of house hacking isn't to cash flow, it is purely to minimize your living expenses or to offset them into what you own.

You have to learn how to walk before you run.Buying a duplex in Austin, MAKES more sense for a renter than a pure investor today!  

You can narrow down the buffet of choices pretty easily by eliminating options that purely just don't fit your strengths, goals or time commitment.

Later you state you purchased for $4xxk.If this is purely a retirement home investment great job.  

Anything outside of that would be pure cashflow.

However, the reality is the more capital you have the easier and the faster you will scale, to get the family RE business you are shooting for.So, I am not saying become a scrooge to where you burn yourself out and have no joy in your life, and I will tell you I still struggle with this concept, but I like to think I am getting better with it on the daily.