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Updated over 7 years ago,
Househack: HCOL vs LCOL area
I am considering a househack. I could try to make one happen where I live (Bay Area) but would need to be in a good school system for daughter. We are in a bubble so I don't know how the numbers and financing would work. (Multi family properties not necessarily in good school systems seem to start at 1.2m, SFR rent for $4k in my town.) But I wouldn't risk my business in the Bay Area with that scenario. OR I could do a househack in Chicago near family, but I may risk slowing down my Bay Area business by not being as physically present, and I would have to leave daughter with family during the school year to come back to service the business which I'm not sure how I feel about.
Ideas? Thoughts?
Thanks!