House Hacking in Midtown/Downtown Sacramento

[Richard Vaj]

Hi all,

Hopefully you guys can give me some insight into what I should do.

I'm new to real estate investment and was wondering how feasible it is to house hack in downtown/midtown Sacramento area. I know duplex are quite expensive in this location and I'm not really looking for good cash flow but more for appreciation over a 10 year span. I plan to live there for a few years 2-4 years and then move out and rent both units out. Currently working in the same area so it'll be a big plus for me as I can walk/bike to work. 

Between me and my wife we have zero debt, make ~200k and have 75k for down. I know renting out one unit and living in the other we'll still have to pay a portion of the mortgage. 

Currently renting and saving for a bigger down payment. But we're debating on purchasing a house or a multi-family property in the coming year or waiting for the market to cool. 

Any advise would be greatly appreciated.