Househack on Saskatoon while renting on a small town - Good idea?

[Ernesto Miguel Credito]

I am thinking of buying a property in Saskatoon and house hack it  while living on a small town and paying rent because this is where my job is, given the circumstances, it's tough to just leave and look for another job. My plan is to get a 3 bedroom house or could be half of a duplex. I'm pretty sure this is not the best idea but do you think it will work? 

[Account Closed]

@Ernesto Miguel Credito

I own several in Saskatoon. And I own a couple where the basement covers all expenses. Yes, all. Even capex. That’s the high bar. Basement covers everything, main floor is cashflow, garage rented separately is gravy. So it is a absolutely doable. Much more common is main floor covers expenses, basement is cashflow, garage is gravy. And quite easily achievable is main floor and garage cover expenses and basement is gravy. Buy right, don’t over pay, and run numbers at 3.5% interest rate as a buffer. All of the above examples are 20% down.