However, in the past two years with rates going up and the housing prices climbing in our area, even if we do the same process with buying a home, fixing up the basement, renting, etc we'd be a lot closer to just breaking even come a few years time, if that. 

Zoning is also an important factor to review in Miami as rising prices and limited housing inventory means they are cracking down on illegal STRs.  

Hey BP,I found a FSBO property in my area that has potential to be a solid house hack deal. 

The house is listed for just under $600K, but it has significant damage due to broken pipes.

We want to buy a multi family of 2-3 units and house hack by living in one and renting out the other one or two units.

@Jill Barrett start networking with other investors in the UP here on BP via search feature.Ask/pay an agent to generate a list of all the houses in an area you define have sold for cash in the last 12 months - pretty good sign an investor bought it.

I’d like to connect with investors to show the potential of putting homes on land to flip instead of the traditional house flipping strategy.

I'm partial to the house because I grew up in the neighborhood. 

But depending on when you bought your house and your mortgage rate, it might be possible to convert it into an STR with enough cash flow to more than cover the cost of renting another dwelling as your new primary residence. 

If the house is paid for you should talk to a lender and refinance.