House hack— have I lost my mind??

[Laurie Falk]

I’m so, so close to putting an offer on a duplex that just came on the market in my area and just want some advice. 

Some background: I got my real estate license at the end of 2016 but had a baby last year so didn’t do much with it. I got it to help in starting investing but would love to make that my “pay the mortgage” career. Lowering expenses (like the house payment) would help me get to being able to quit my current job faster. I currently own a 1700 square foot house and live there with husband, 5 month old baby, and dog. We’re in a hot market and could sell for $40k (ish) more than I bought for 2 years ago.

Potential property is a duplex— two 2/1s both around 700-750 square feet. So we’d be losing 1000 square feet of space. List price is $195,000 and both are currently rented— mls lists rents at $880 and $950 so seems like I could live in one pretty much free and just pay utilities. 

Advice? Besides the normal stuff to ask on a real estate transaction, what else should I ask for a duplex I’d be living in?

Thanks!!