I've enjoyed the McRib seminar metaphor, especially the Platinum Masters Program. 

Lots of different ways to look at the loans and structure is incredibly important.There are a variety of commercial lenders and just as wide a variety of loan programs. 

I am quite certain there is rent control/ stabilized.There is no such thing as month to month in NJ.

You have to live in one unit if you use one of those loan programs but you can rent out the other units. 

I have not seen that often.There are several, programs independent of FEMA that are providing Flood coverage. 

You have no control over how they were screened, they already feel shafted because the building changed owners and they weren't part of the decision, and change is very difficult for them.

Looks like you are in a good position to control more real estate  if you get creative ----You have $555,000 in potential equity ----- short on cash - but with that equity you should be able to leverage yourself into lots of real estate.Here are some ideas for you:create a blanked mortgage on some of your equity - pull out $200,000.00create notes on some of your equity - simple to do - have a title company created a note, give yourself some good terms, like 3% interest, interest only with a balloon in 7 years.

The only thing that changes is the price and the amount left over to pay at the end of the month.The real goal of house-hacking is to reduce your monthly obligation to the mortgage payment, essentially allowing you to control a property for far less per month than would normally be required.If you're getting a duplex, you're more than likely still going to have to come out of pocket at the end of the month, but that also depends on how much you're putting down.With a fourplex, your goal should be to get as close to living in the property for free is possible.

Not so with the buyers.So, I would suggest you get with the program and do more deals by servicing your clientele the way THEY want to be serviced. 

@Drew Eldridge currently finishing up my physician assistant program and plan to start working in ER/UC later this year.