The idea behind this isn't novel of course, but a way to circumvent the endless and crowded sea of opinions and narrative shaping charlatans that make their daily bread by deluding the curious minds of some vague one-size-fits-all approach... but oak trees don't grow over night. 

Or better yet If you could start all over again how would you do it the right way ?

I know the consensus is "The best market is the one you're already in"  but I'm just curious.If you could start over anywhere with a decent chunk of money and a solid house hacking strategy, where would you choose?

Did your tenant decide to hold over another year?

Don't trip up over pennies on the way to be a millionaire. 

I inadvertently restricted who could reply....so that not even I could reply to my own post.)Debt to Income ratio limits exist for a reason: you are over leveraged.

Thank youI've done a lot of something similar, by taking over the financing of the seller.

They then sold that and bought a 250 unit in OKC all C and D class and had to move there as they almost lost  it in foreclosure.. took 5 years of them living there and managing it personally to stablize and finally sell.. then bought a 20 uniit back in Oregon where it all started.. this over the course of a few decades.

Been doing that for over ten years now lol

This industry standard has been adopted over the past several years, and during that same tenure cap rates have compressed mainly due to a decrease in interest rates.