Calculating cashflow for a house hack
Obviously, house hacking is going to have a negative effect on cash flow, as opposed to renting out all of the units to tenants; but....
When using the 1 & 2 percent rules to predict cashflow for a house hack; should I add in the rent I would "pay myself" into the equation, or should I only consider the rent of tenants? The former would mean I am considering the rent I pay, as contributing to cash flow. Is that a good, or bad practice? If a deal only has positive cashflow because I am paying myself, is it really cashflow? I am really looking for decent cashflow, as a necessity for the investment property I want; so I want to know if I am looking at this all wrong.
Thanks!