Thatch Nguyen (for those familiar with him) really popularized this on the west coast in Seattle.Is anyone planning on getting into this game?

We are currently under contract for 2 duplexes very close to us in Florida and I plan on managing them myself.

Once renovated, the ARV could easily reach the $500k range, based on similar homes in the area.My question is: with the daycare operating in the back, would this pose any issues if I wanted to rent out the main house?

You'll be required to keep some equity in the property, and the amount depends on the lender/program.It's not TECHNICALLY a cash out refinance, it's called delayed financing. 

These are double wide homes that would be attached to the permanent foundation (on owned land, not in a park) and that the investor would look to sell right away to people that would occupy the homes as their primary residence. 

On the MLS!!

Then you have to really stay on top of the renovations.

This can be a great way to start building wealth without taking on too much risk.Learning Experience: House hacking will give you hands-on experience in managing a rental property.

Everything I know, I've learned on my own through independent research.

That gives the agent a stronger offer and you have a greater chance of winning the home with a loan commitment versus a Pre-approval letter.As of this morning rates are down on all programs for Primary homes, Second/Vacation homes, and investment homes.