Is a short sale a bad first house hack?

[Adam L.]

Hi BP community, I have been looking for my first house hack deal in an expensive market. I finally located a property where the economics look great and it is closer to my job. It's a shorter commute and I could even not renew my car lease in December to eliminate expenses. The seller has listed that this is a short sale, which I had to google what short sale meant. I was hoping to get some advice from the BP community on what to be on the look out for / questions to ask regarding the short sale. I have the determination to make this happen but is there a point where it just becomes ridiculous? I am going to see the property tomorrow afternoon. Below are the economics of the deal. 

[Wayne Brooks]

Short sales are no better or worse than other sale, except they will take time.  Make sure and use an experienced short sale agent.  The biggest obstacles are the bank agreeing to the price and whoever is negotiating it not knowing about junior liens than can cause a problem.