Updated almost 8 years ago on . Most recent reply

Invest in large home to live in and Air BNB.
Hello Everyone,
I have the opportunity to buy a 4600sf home with 7 bedrooms over 3 stories.
My goal would be to live in the home and create an air bnb on the third floor which utilizes 3 bedrooms. There is a bathroom on the third floor that all 3 bedrooms could share, in the common hallway.
The house is $250k and I can get it for $230k.
The area is a historical district in a suburb of the metro Detroit area.
I do not have any kids, so it would me and my wife. Is this going to be too much house to take on?
Thank you!