Fantastic, We are currently house hacking it. with both other units it covers the mortgage and we get about $200 profit a month.

Now 10 years later there are luxury apartment & condo buildings, new construction homes, completely renovated homes etc in place of the old run down low income housing.

I am  fairly new to real estate bought a town house in San Diego last year as a primary home.

I am looking at a house in that area as a buy and hold with a tenant already in place. 

That's what you will need to sell the house eventually.

Thinking of house hacking to start.  

In Atlanta, only Fulton County residents can get a license and they can have up to 2 short-term rentals, one being their personal house.

You may not be able to get as much house for the same amount of money if you decide to buy another rental in the future but if you do your research and spend time searching you can still find good deals for similar properties.

Does anyone remember when Brandon Turner used NWROI in his house hacking book?

We develop and convert underperforming assets into self storage, as well as acquire existing B and C class facilities.