I've house hacked twice in Los Angeles.

I would lean on moving out of the place to rent it out and house hack another place.

Quote from @Alex Longinidis: TLDR;  Looking for someone who knows the area and 203k process to help me get clear on my rent estimates in New Bedford, and to help advise me as to whether or not I have a good deal.This is probably going to turn into more of a brain dump than anything but I'm looking for some help getting clarity on my path.First things first, I'm currently pre-approved for a 203k loan up to $450K in the South Coast of MA, currently looking for what will be a house hack in New Bedford & Wareham since they seem to be the only areas in my search box that consistently have multifamilys.  

Ownership is typically what matters, not the entity.

Cool idea you’re exploring using house hacking by proxy.

I think anyone who might move out of the area in a few years should not be looking as much at house hacking.

My area has many multi families that are quite old so if you can focus on newer or even new construction and still make your numbers work to me that's the best and lowest risk way to implement the house hack, but for sure do it! 

For a first house hack, focus on cash flow, CoC return, and local rental demand.

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.

Since you’re house hacking, you’ll generally only be able to deduct expenses tied to the rental portion of the property (half of the duplex in your case).