You mention this opportunity as one-sided, but I think you should really just consider it to be 100% in line with your stated investing goal.

Also x2 to what @Antoine Martel  said in terms of FHA most likely being your best bet if you want to house hack.

If you've got these things nailed (which in some cases, is easier said than done), the rest should fall in line without too much trouble.

& looking at houses by the belt line , drive around there and I want to run out.

When you run this triplex deal through the BP calculator, do the potential results line up with your investing criteria/goals?

I look at Bitcoin as betting at the black jack table & real estate is a real investment that i feel i can make calculated risks with. 

Does the 23% deduction come off of the SchE income (line 17 of 1040) providing the income is less than $500,000? 

Account ClosedWhen everyone is telling you what you do not get it is often best told by a story.There once was a new race horse owner who told his trainer and jockey that at a point quarter pole he wanted the horse to be 4rd, then half point pole third, then top of the stretch to be in second, and at the finish line to be in first.

If there is risk, they can winterize the home by blowing out the water lines, emptying the water tank, and putting antifreeze in everything.Better safe than sorry!

But the seller wants me to show him I have this financing option lined up before we do the deal.