You pretty much can't go wrong doing a house hack when the time is right, so I would try to make that a part of your journey early on here before life gets in the way (family, kids, obligations, etc). 

I have been exploring rent by room lately and happy to exchange the knowledge.I will start with some gotchas:Lease: Two ways this can be done 1) Master lease and put each tenant on the lease, that puts peer pressure on everyone to pay the rent, keep the property clean etc. 2) Lease separately for each room, flexible renting and everyone isn't bound to others' wrong doing, tenants might prefer this.Utilities: Three ways I have seen people managing utilities 1) Include average utility cost in rent and take care of all utilities yourself and have a cap at max utility after which tenants chime in 2) Utilities are paid by tenants but that could cause issues when renting by room and one person is overutilizing electricity etc. 3) Fixed cost of utility charged to tenant monthly and anything beyond that is paid by landlordProspective tenants for rent by room: 1) Students attending nearby colleges, put all of them on one lease and have them find roommates, put their parents cosign the leases, 2) Traveling nurses, they're catch all when comes to rent by room but usually short term, 3) Rent out by room to any individual professional, this creates more management overhead but keeps vacancy lowCommon Areas: Try to setup such that common areas are avoided by tenants as much as possible.

If the IRS suspects wrongdoing and audits you, you need to have a clean paper trail--that responsibility is solely on you in a Checkbook IRA structure.Additionally, you can only fund your IRA-owned LLC once.

It's called the corporate veil and is only "pierced" by intentional wrongdoing.8. 

Sounds like the Seller had a survey.....just a question of when they knew it was smaller. 2) Absent the listing agent being aware of a survey showing the property to be smaller, I see no wrong doing on their part, or a claim on their E&O......both the taxing authority and the appraiser had it as one acre.

The article goes on to state, "An attorney for Shapiro did not return calls for comment but told the Wall Street Journal that Shapiro 'denies any allegation of wrongdoing and looks forward to his opportunity to defend himself in a court of law.'"

You never go wrong doing the right thing, even when things go wrong. 

I also read that HBSC Bank stated that their foreclosures cost them about 20% to 25% of the loan value.That being said, my opinion would be that a lender would need a compelling reason to accelerate a mortgage, based on a due on sale violation.Most would agree that on the surface, a violation of the due on sale clause, if pursued by a lender would be a civil matter and not a criminal matter.I wanted to ask myself, "...what types of action could be construed as combinatison of criminal/civil torts and not just civil wrong doings"?

Just because he says something is right or wrong does not make it ACTUALLY THAT WAY.

I don't really think people in Atlanta knew of PDP's wrong doings.