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Updated over 1 year ago,
HOUSE HACKING APPROACH
Hi all,
I wanted to approach the hive on people's beginner advice on house hacking. I am considering getting my first home and would like it to be 2-4units. My big concern is that I may end up leaving in a year or two across country. I live in the Sacramento area and several questions come to mind. First, the comps show that my price point for a home need to be on lower end for cash flow/break even on the house based on current interest rate and rent in the area. Second, do you typical consider keeping a MFU if you move away and use property management for something as small as 4units vs sell after two years time to avoid cap gains? Third, is there particular calculator you guys use to filter out good investment homes for MFU vs not? I see many MFU are bought and on the market 1-2 yrs later which is concerning to me. Thanks all!