My assumption is that prices will eventually level off or drop a bit.

So the assumption is that the duplex you note below will rent for $2,550 per side ($5,100 total) as a medium term rental and be rented 90% of the time? 

Then confirm those assumptions with an experienced investor.Multifamily is about the benefits of scalability.

What happens is a buyer might assume the loan in place for the 1% assumption fee or ask the seller to pay the fee to break the loan.

You will also pay a realtor 1 month rent commission if you rent via a realtor.The 50% rule is a very broad assumption that assumes you know nothing about the property. 

Not really sure how you came to the assumption that I’m living  pay check to pay check or that I don’t have any savings, which both are false and never was stated in my question.

Making the assumption that we could rent out the other 2 rooms for $1k a month, and then rent out all three for $1k upon our exit (after living in the home for 12 or 24 months), it seems like it could be cash flow positive at that point.So, my questions are:- Given the current market conditions, is it still a reasonable time to begin a house hack?

Is this assumption correct?

Make the assumption that house repairs will be your biggest expense.  

OR, they just don't know what is a Business Plan and how to put it together given a set of future assumptions.Imagine that you can put together a business plan, but this time, make conservative assumptions in regards to Appreciation Rates, Rental Increases, Expense Increases and Cap Ex spending over a 30 year holding period.