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Updated over 7 years ago,
Living in The Basement and Proud
OK BPers
Current situation - Personally need a new place to live - Want to keep house hacking (own one 2-Fam which I currently house hack) - Not having great luck on the MF market in my neck of Massachusetts - Seeing potential good deals on SFH
Looking into buying a SFH with a basement / garage / shed Anything that I can turn into an In-Law and live in said in-law while renting the main unit.
In the short term the large SFH would drive a higher rent than most MF units would rent for. In long term (when I move out) I feel the in law would both add value to houses value or increase rent if kept as rental.
My ask if has anyone done this as a house hack? Success and failures? - Headaches and triumphs?!
- I am in my late 20's single - and have no shame in living in a freshly renovated in-law apt!
Thanks in advance guys - Jim