.✔️ Your house hack is more than a 2-unit property and requires more oversight.✔️ You’d rather pay for peace of mind and legal compliance.Final ThoughtsIf you’re house hacking a small multi-unit (like a 2- or 3-flat) and are comfortable being hands-on, self-managing can be a great way to save money and learn the business.

For experienced investors who have done 5+ similar rehab projects, I can lend up to 100% of the purchase price and 100% of the rehab on light 1-4 unit rehabs. 

Investment Info:Small multi-family (2-4 units) note investment investment.

@Ken M. rents are softening in the places that have had a lot of new units come on line.  

Once renovations are complete, carefully screen tenants, set clear house rules, and consider furnishing the units with utilities included to attract reliable renters.

And your competition will be a bunch of identical units...your pricing will always have a ceiling.

When I worked with a property management company, we had someone buy a unit (single family) that had a STR and marketed it as a STR.

Quote from @Simone Montague-Jackson: You can house hack with up to four units.

For comparison purposes, I hold ownership units in a LLC that owns a retail/service center where there is a mortgage loan that initially represented 50% of value, now about 35%.  

Apartment noises - neighbors sounds (flushing bathrooms from other units, sirens from street, etc.)