Hello,I'm a first time investor looking to house hack a duplex or larger in or around Naples, FL.

Most landlords would welcome this concept the same amount as they would welcome a wet dog at a wedding.

If you don't sell houses along the way #3 and #4 will be at lower loan to value with larger down payments.

I'm living in the larger side of the house and have the 1 BR up for rent.

And, depending on your market( I don't know about Memphis) "R"ents  are rising but may not have yet caught up enough to cover those rising costs and the larger amount you need to "R"efinance  to cover those costs.

This will also allow me to capture the larger equity upfront.

Here is an interactive map that I feel gives some insight: https://www.nytimes.com/intera...I do believe that in 20-30 years, Midwest markets like Cleveland, Detroit and Pittsburgh will be even more desirable given their proximity to fresh water and they all have existing infrastructure to support larger populations. 

I would buy a slightly larger home and turn your current home into a rental.

What I would do is call local credit unions instead of larger banks.

I’m pretty sure she already adopted the dog.