Full-time RV'r looking to establish primary in HOT Colorado

[Mark Billingsby]

Hi Everyone,

Long time lurker....first time poster. My wife and I live full-time in our RV converted school bus (@topobus). We left the Golden/Boulder area about a year ago and are currently traveling and living wherever it is warm. We are looking to do our first house hack in Colorado. My wife legally needs to establish residency there for her job. 

We have an agent and preapproval and are ready to pull the trigger when we find something that will work for us. I'm reaching out to see what people's thoughts are on how they might tackle our situation. 

We don't actually need a home to live in. Our current expenses are next to nothing, we have no debt, and we are fairly decent income earners. Because we need a legal residence, our thoughts were to buy multi-family with a low down payment (FHA) and claim one of the units as our own. Then after a year repeat the process. With the current prices in the market, it looks like we will probably be paying our share of rents. Living rent free looks out of the question.

Any thoughts or approaches to our situation would be appreciated. One idea would be to do some STR on our unit. Not sure how legal that is. We think we may use it some as an office space more than anything, but don't necessarily need to be there full-time.

Thanks!

Mark