Your thoughts on roomates? Debt free house hacking?

[Andre O.]

What are some cons to house hacking a 3/2/1 car garage townhome? It will be located 10 minutes from the beach. I will occupy one bedroom and one private bath. The two tenants would occupy one bedroom each and share a bathroom.

The tenants will be heavily screened and there will be strict house rules to abide by. If they choose to rent a room these will include:

No drugs, alcohol, smoking, pets, or guests allowed. One person per room. Must be clean, quiet, respectful and working professional. WFH applicants will not be accepted.

The plan is to buy a townhome in cash and execute the above strategy. With the above plan executed for one year, 10-15 years of financial runway will be secured (at current scenario).

Three years executing the above plan should allow for another home to be paid for in cash. This townhome will then serve as a long-term rental for a family while I move into the new home.

In college every roomate I had was an excellent experience. From day 1 we all met, got together to place house rules. This included not leaving a single fork in the sink ever. We were all clean quite and respectful. What course of action do I have if a tenant is a nightmare and needs to be removed for not respecting the agreement they made to abide by? Any tips from those who have implemented this strategy above? Thank you!