You can convert that to an LLC down the road but remember FHA was made for primary residency so those products even though have up to a 4 unit allowability, aren't treated as investments/can't be put in an LLC right out of the gate. 

A small fix and flip loan would give you the ability to access the built in equity much faster, even if it is a 'stabilized bridge' loan that would allow for you to wait the 3-6 months for seasoning.

Our experience in renovating and selling homes, coupled with our individual professional backgrounds, gives us confidence in our ability to succeed in this new endeavor.

Also, DSCR would not be allowed on your own primary home.  25% down is pretty steep for any loan type...that's why we want those "government" loans - less down. 

That is important because it allows you to see for yourself if the answers you heard match what you see on the ground.

I just haven't been able to find wholesale deals, MLS deals on market for a long time or off market that in this environment allows me to buy for 75% of value.

Is it allowed by zoning?

@Brandon Smith my understanding of cash-out refi is they may not allow it if it’s been listed for sale in last 6-12 months, so check on that.

But it will still allow you to afford a SIGNIFICANTLY higher price point than if you did not house hack.So, if real estate appreciates 5% per year, then a $500,000 property will have $138,000 in additional value after 5 years.

However, as time went on, I found that the passive income generated from my rental property allowed me to achieve financial stability and freedom.