Living in Connecticut but selling an investment property using a 1031 and looking at the Cleveland market.

First if you live in the home as a primary for two years and sell you get the tax free gain exclusion Sec 121.

I’m beginning my investment journey with a strategic focus on acquiring a primary residence that also generates income through house hacking—purchasing a multifamily or dual-use property to live in one unit and rent out the others.In addition to this primary investment, I am actively exploring low-risk, medium-return opportunities such as tax lien certificates, distressed properties, and other alternative real estate investments that offer long-term value and manageable risk.My goal is to build sustainable income, grow equity, and gain hands-on experience as I expand into a diversified real estate portfolio.

I think it's a fine place to invest for people who live there.  

Quote from @Cale Delaney: I’m flying out to Phoenix tomorrow to attend the residential assisted living facility training with Gene Guarino.

The biggest thing with house hacking is saving money on rents while you live there and it cash flows after leaving.

Examples include:Buying real estate with your IRA and living in it or letting a family member live in it.Selling personal assets to your IRA at any price.Using IRA funds for a business you own or operate, even indirectly.Loaning money from your IRA to yourself, a family member, or a business you control.Receiving personal compensation for managing IRA assets.MoreTo avoid this, myself & most others utilize their SDIRA's for lending to other investors like private money/debt.

I live in a mild climate area but still took until January to have my accepted qualified candidate and then had to wait for their move out date.  

I don’t live in any of them they are all rentals and I’m so confused on what to do next to get another house in the same area .

I live in Springfield, IL.