I have read a few books so far (Rich Dad Poor Dad, Set for Life, The Househacking Strategy, and a couple others) as well as tons of blogs and posts on here.I want to start househacking and in a year turn it into a rental.

This is how cash is being perceived more and more among the poor in the age of electronic payment and direct deposit.Anything that better negotiates the need for a lump-sum security deposit is a very good idea.

Of course, take a read of Rich Dad, Poor Dad.

@William Pailes have you read Rich Dad Poor Dad?

I don't think you'd be able to use comps to qualify but I bet if you talk with a couple lenders, you'll be able to get it financed!

I bet it was challenging at first to move from your SFH into one of these units but in the long run it'll pay off.

The cynic in me suspects they are made to be deliberately complex so that (a) a lawyer has to be hired, which helps the main profession of most lawmakers, and (b) gives the poor, downtrodden deadbeat tenant lots of loops to squirm through.You need to do some serious research as to how to serve notice (rent demand, termination, petition, afidavits, etc.) as well as the timing of each step. 

Essentially they are a poor choice. and you still deal with the only ground stuff which is the real hard part of itOriginally posted by @Michael Baum:Evolve does that for 10%.

Your best bet may be to explore building an ADU on your existing properties, or to buy a SFR and build 1-2 ADU's. 

I bet you can still get it online.I would fix it or replace it.