I would get very close to breakeven, but you are still living for practically free (not counting repairs, maintenance, and management) while paying down the mortgage on a monthly basis.I have never purchased a new property to house hack, but I would run the numbers like any other investment property.

Hello, im new on bigger pockets and interested in using the house hacking strategy to break into real estate investing.

My wife and I are thrilled to begin our journey into real estate investment.

I invested with one of his buddies. 

I'm looking to get started in real estate investing.

Investment Info:Single-family residence buy & hold investment.

Would you rather own a stock or a mutual fund that only invests in that same stock?

And the location was not claimed by the seller to be in a high demand location, but in one within my area.It is not great practice to utilize property management as some have stated initially with your first investments.

It's definitely tough to invest right now.

Of course the bank says "no problem", I start the process etc, then after credit pull and everything state "thing's have changed and you cannot own more than 3 investment properties" so now I'm at a standstill and they want to push me to commercial side, which in this case is requiring them to take my first and have to refi the balance and lose my rate and then tap a HELOC afterwards at commercial terms.