I make about 120k a year and will be bringing my girlfriend in who will be paying me rent in this home as I plan on living in one of the units and renting out the other/others (she will have no ownership and understands this she's not what my question is about.).

Quote from @Yocheved Beer: Hi all,I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised  value and it is for sure a 1 dscr. can I immediately buy this for  0 Dollars down If you live in it you can probably do 3.5% down. 

I would like to buy a property - multi-family hopefully and live in one of the sides. 

The plan is to live in this house, leave for a month or two during peak season to travel and/or visit family and cash in on July-August STR income in Maine.

As for house-hacking an existing quad, only putting 5% down in this high interest rate environment will almost certainly mean you won't be "living for free" as is the point of house hacking.

This was done while living in Charlotte which made it a true experience..... sheesh! 

You won’t be doing any background check on anybody living in your property, that’s for the person screwing you to do.

Hoa is very high, off the water and maintenance is starting to increase.

For additional reference, I live in TN.

I own real estate outside of CA, both in the country and internationally but have chosen to rent in Hermosa Beach due to the high cost to buy a home in coastal southern California.The apartment complex I live in was bought April 1st by an private equity company who gave all the residents a 60 day notice to vacate so they could due a total rehab.