Making a decision on a duplex property
Hello BP,
My family and I are looking to invest in a duplex and house hack. We have been watching the market for quite a while and there are very few "no brainer" houses to look at. We have found one for 150K, and I am estimating 1600/mo in revenue (split utilities). The home is in turn key shape. I am struggling because this probably is not the best "investment" home, but it is one the family will be comfortable in. I am one to analyze things to the max, so the other part of me says that the only way to be successful in rental properties is to just get started! Looking to get some of your feedback.. Is it worth making the dive in, or waiting in the weeds until this market calms down!!
Thank you,
Jesse