The beauty of house hacking is the fact that money you are receiving for rent helps discount how much you are having to pay on the mortgage for the unit you are living in.

Then I fell into the trap of getting emotionally attached to the beautiful upgrades and furnishings and couldn't imagine opening it up to short term rentals as we spend about 30% of our time there ourselves. 

Every time someone restores a beautiful bungalow in Portage Park I regain a little more faith in humanity :) 

Sorry , so he said setting up an LLC with an umbrella policy under the llc. would protect me the most since I own a construction company and 50% owner of a beauty salon with my wife.

They have a beautiful home that, with a bit of research, I know they are sitting on quite a bit of equity. 

Purchase price: $230,000 Cash invested: $50,000 A beautiful 3/2 home in an amazing location.

The parcel is beautiful, close to Marquette, in a rapidly growing area.

<--(Watch that).(5) Can you get all of your needed trades locally and are they available for work, or are they backed up on other jobs.(6) Is this an area the locals will want to live in, or is it "Out in the woods", no snow plows in the winter, bears sitting next to your car in the morning.btw..the UP is a Beautiful place!

My name is Morgan, I am from the beautiful Green Mountain State (Vermont/802) I’m am here because I have finally started the education process of real estate investing.

that's a beautiful home, and what an awesome house hack.