Before you decide to house hack consider consider what your long term goals are. 

@Randy KinderA house hack calc will be the same, except you are one of the other tenants.

The key is having parent co-signers, clear house rules, and reliable maintenance contacts since turnover and wear could be higher.

Quote from @Tim Aiken: I have a house in Bellville and I would like some help on deciding to fix and rent or sell the house, so I may need an agent to discuss the options,  looking at a timeline of 1to 2 months before the house could be listed if that is the best direction.  

Sometimes it's better to keep one existing wall rather than scraping the house.

Wouldn’t house hacking reduce returns for a passive investor or lender?

I would like to get into house hacking another small multifamily as soon as possible.

Hey everyone - Ashley here from southwest Missouri.I came into real estate development through an unconventional path - no formal background, just a growing frustration with watching affordable housing programs trap the people they're supposed to help.

Especially in the back house, the exterior work will be probably $10k. 

Jefferson Park’s above-grade units + coach house give you cleaner income.Lenders treat above-grade units as more “real” rent.