Hey Zeni,We’ve seen this setup a lot with house hacks, and the tax treatment depends on how much of the property is personal use vs. rental use.

Two places I'd consider starting is (1) house hacking or (2) live in flip.

I would go with house hacking.

there is good amount of risk involved, but rate of return can be high, you need a good house manager first and foremost and they're difficult to find and trust in that space 

House hacking is such a solid way to get started — especially in a market like Seattle/Tacoma.

For those actively investing in the Denver Metro Area, what has been your biggest obstacle lately?

I love the idea of house hacking, and conceptually it seems like a great way to break into RE investing and build wealth.

One of my clients just closed on a duplex using the FHA house hack strategy, and I think it’s a great example for anyone new to investing.Here’s the setup:Purchase price:$450,000 duplex (3/1 upstairs + 1/1 downstairs)Financing:FHA loan with just 3.5% downNegotiation:Seller covered closing costsCash out of pocket:$15,746.56The plan:Live in one unit, rent the otherExpected rent for the upstairs: $1,900/monthAfter factoring that in, his cost of ownership drops to about $1,050/month👉 Why this works: FHA allows low down payments if you occupy one unit.

Hey Kenadi, if your main goal is to get started and build experience, house hacking is still the easiest path, even if it’s just for a year.

There's absolutely nothing wrong with house hacking, doing a deal a year for a few years, building your network and relationships and using the resources you already have- like a VA loan, which can supercharge your start.