House-Hacking: Beginning of a Journey

[Corbin Wafford]

Hello,

I started reading Set for Life by Scott Trench, great read so far! A big proponent of the book that Scott seems to adhere to is the idea of house hacking. Which essentially seems to be the best way to propel myself into a great future (in terms of REI) by eliminating one of my biggest spending buckets (living expenses).

That being said, I am currently renting from an apartment complex until February of next year. The goal is to find a duplex/triplex and live in one unit/rent the others out by the time my lease expires. The question that stands currently is: When should I start house shopping and in terms of finding a place/which approach should I take? 

Currently, I am using all the web apps out there to look at homes in my area and networking with local investors. Next step I have is to reach out to a reputable realtor and have them help me find local properties close to work. Any other ideas?

Does anyone else have a similar goal as mine? Those that have already walked this path, do you care to share your story/experience in this sort of setting? What are your next plans?

I would love to hear your journey (especially if it is in Southern IN or Louisville, KY)!