Ultimately, talk to your CPA, but all of my house hacked properties I own under my own name or any expenses I had while living there for the other units I deducted without an LLC. 

Purchase price: $230,000 Cash invested: $8,000 HouseHacked my first duplex by doing an FHA loan and only coming to the table with an 3.5% down payment which was around 8K.

@Chris Chisholm When you say this is a major technical school I think it is probably worth exploring what the student group is they typically attract.

What works for you? 

Purchase price: $465,000 Cash invested: $27,000 Househack number 2 on a beautiful brand new construction 6 bed 6 bath duplex.

For me its doing what I want to do when I want to.

If the answer to landlord is yes.. then just do what 90% of those on BP do go out and buy the best valued rentals and launch its not complicated.although for a long runway my personal opinion is to buy upscale or at least in the MSA you choose figure out median  house price and buy at that price or above.

Long story short—I thought my 2024 income would include my W-2 earnings from earlier this year, but that’s not the case.I ended up writing off too much on my taxes, and now it looks like I can’t qualify for my next house hack—even though I do make enough money.

Purchase price: $244,000 Cash invested: $11,000 This was a single family house that I converted into a duplex.

I don't know any specific rent by the room content, but the mid term and house hacking content will most likely have a ton of overlap.If you pursue this route be ready for all the additional guidance counselor responsibilities that come with it beyond normal landlord responsibilities.