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Updated almost 6 years ago,
Analyzing a house-hack, do you include your own "rent" portion?
Since this Superbowl is super boring this year, I decided to analyze some properties for practice.
I'm looking to purchase a residential MF and live in one of the units using a VA loan this year. I'm focusing on 3 and 4 plex's for less vacancy risk and more likelihood of the rental income covering all expenses.
When analyzing, does it make sense to include your units potential rental income even though I'd be living in one of the units? Or would it make more sense to analyze on expected actual rent roll without my unit's potential income? It seems the most logical approach would be to exclude my unit but it seems very difficult to find properties that work. What are your thoughts?