Multifamily house (House hack) while in the military
Looking for some tips/advice. I'm in the military thinking about buying my first house for investment. I'll be buying in Texas, I'm also using the VA loan (Pre-approved $300,000).
I'm really set on getting a multifamily house (duplex/fourplex) live in one side and rent the others. What should be the price range I should look for in a house when I'm making $55,000 a year?
Is it worth making the investment? I'm aware that living close to a military base brings good rentability but at the same time vacancy. What are your thoughts on that, sir?
What are the pros and cons of living next to your tenants?
And last question, should I get a property manager right away or should I try to manger the property on my own in order to learn and also save some money?
Thank you, sir