House hacking

[Adam Benenati]

BP members,  those of you who have house hacked what was your experience like? I am currently looking for a duplex. Live in one side rent the other. Often I here people say this is a great way to live for free or close to it. Unfortunately in my area it is nearly impossible to live for free. Then rent will pretty much cover the mortgage. However after all expenses it is not living for free or even close to it. I have found deals from 500 to almost a 1k a month that I would still have to pay. I am including all expenses capex, water, sewer etc...However once both units are rented it cash flows nicely. I am just curious to how many others have ran into this situation? Would you be ok with still spending that much each month even while house hacking? Would you consider this still a deal?