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Updated over 1 year ago,
How to househack in Roseville
Hey Everyone!
Just moved to Roseville, CA and am looking to househack to save on expenses and get started on real estate investing.
My original idea was to buy a halfplex, triplex, or quaxplex and live in one unit and rent the other(s) out. Upon crunching the numbers, it appears this will not cover the entire mortgage
My next idea was do get a place with a mother-in-law suite and walkout basement and rent those units as an STR to increase revenue. No dice here though because Roseville does not allow accessory dwelling units (mother-in-law suites count for this as well as walkout basements) to be rented for anything less than 30 days.
My last idea here is to use the mother-in-law suite and walkout basement as a MTR to traveling nurses. Do you know if this is done in the area and if there are any laws/regulations that inhibit this? Are there any strategies that you have used that work well to househack in the Roseville area?
Thanks in advance!