House hacking a single family

[Nella DiBenedetto]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $420,000
Cash invested: $62,000

I was able to house hack this home. This home already had a separate walk out basement entrance, so I converted the basement into a mother in law apartment that I could live in. I added a wall and a door that locks to the basement to separate the units. I added a washer and dryer downstairs and a kitchenette. I rented out the whole upstairs out, while living in the basement.