Quote from @Trent Reeve: Quote from @Jay Hinrichs: Quote from @John Underwood: At our 3 bedroom Lake House we have both.At our 6 bedroom Pigeon Forge Cabin we have 2 drip coffee makers and don't have a Keurig.So I agree it depends on your property. seems to me coffee pods would be much cleaner and easier on the host ? 

House hacking, long-term rentals, or something else?

How can we tell if the increase in house size done legally as there is HOA governing for this location? 

Investing in Milwaukee for the last 10 years I'm biased to recommend house hacking a duplex as the best way to start if you have limited capital.

It is presumed that "Multifamily" housing will have multiple families inside.

Cost will likely be around $120 - $160 / sqft depending on finish out and how much one the existing house needs to change.

And if houses are showing an owner having been there for 10+ years when that owner actually sold 8 months ago, then I might market to a completely unqualified lead. 

The house I would be renting has a current mortgage (including escrow) of $1,100 per month.

Extremely old and not well taken care of housing stock. 

For example if the house is worth 400K, but they are willing to sell it for 375k because they are avoiding having to pay 25k in agent fees, then the bank can consider the equity gap as a down payment.