House Hacking in Austin Texas

[Dllen Clark]

Hi Everybody,

I am a brand new investor moving to the Austin area for work. I have recently discovered Bigger Pockets and quickly became enamored with the idea House Hacking. I would love some advice on evaluating deals with a house hack. I am looking for a 4bd 2 bath SFH. Most of the deals I am looking at, I would still be paying about $800-$900/Month in rent, and that doesn't include reserves. With that being said is it still worthwhile to house hack? Does the rent savings help offset not living for free? Is it possible to find a house hack that will enable me to live for free in this market? Any creative strategies I can implement?

Any help would be greatly appreciated!

Thanks!