IMO, house hacking is arguably the BEST way for a beginning RE investor to get started; it has MANY advantages over other strategies.It's true that it's now very difficult to find a cashflowing house hack in SLC, but I wouldn't say it's impossible (and the market is transitioning quickly right now, so who knows what the numbers will look like in a few months).Because it's such a tough buyer's market, finding a cashflowing house hack often requires some creative thinking.

Im currently working in a private healthcare clinic but am looking to transition to mobile, going to peoples homes(eliminate overhead, and more convenient for patients).

Hi BP Community,I am starting to look into multi-families as the next phase of my REI journey.  (just some back history - I have a few SFRs and a duplex as buy and holds but am becoming interested in slightly bigger d...

Our situation:  I have a W2 job with the military and will be eligible for the retirement pension in 3 years, but will probably stay in 5 and then hope to  transition to REI full time.My wife is a realtor with 3 years working part time, but starting to  get  closer to  3/4 time.We have a 4Plex that brings  in approx $50k in rental income and cashflows about $2k  per month  managed  by a property manager in CO. 

Did you find the transition worthwhile?

We are now transitioning  to a lifestyle change of a more passive investment strategy.

We have just transitioned about 50% of our regular tasks to VA's!

Millennials, but also boomers downsizing and immigrants who have a much higher preponderance to rent early in their transition make up a significant portion of the renter population and are continuing to drive the rental market.  

Does our market have the ability to sustain a transition from owner paid utilities to tenant paid utilities (again this might be sub-market to sub-market as well)?

If you plan to hold on to this property long-term, think of the fundamentals:1) Transportation - being near a transit hub is incredibly valuable.