Starting House Hack Phase 2

[Mark Taylor]

I bought a house with a mother in law apartment. I’ve been clearing almost the whole mortgage by renting the basement but we’re planning on buying a new house and moving. The house is in R-1 zoning so I can’t technically rent it as 2 units. Do I:

1. Rent it top and bottom illegally

2. Rent the top for the value of the top and bottom and encourage them to sub-let the basement

3. Some other strategy that I haven’t considered.

Thanks