House Hacking in Houston

[Mike Bean]

Hey BP! I'm looking to move to Houston next year to begin my investing. My original goal was to house hack a multi family property in my home state but I'm abandoning that idea to 1) go live somewhere that I've never lived before and 2) take advantage of no income tax, lower property prices, etc. 

I would like to stay at or under $300,000 for my property, and as far as multi's go in the Houston area, I'm not finding much. If I were to get a single family in Houston, what could I expect to take in per bedroom in rent if I were to house hack? I'm finding some nice SFH's about 30 mins out from the city center, which seem to be in great shape. I'd like to get an idea of whether I could make it work in a SFH with 4 or 5 bedrooms or if I should keep networking and looking for Multi's.

I'm always open to suggestions/ ideas and if you're from Houston, let's connect! The constants in my situation are that whichever route I take I'll be using an FHA loan and will be owner occupying.

[Jimmy Lieu]

Hey Mike. I'm on the exact same journey but was thinking of doing Columbus OH. I have pretty much the same budget as well too! I'd love to connect and talk more.