House hack a house or a condo?

[Mary Ainsworth]

Hi all! I recently asked a question if I should house hack (in San Diego) a condo to get started now (I'm 22) OR should I wait until I have enough to buy a house and house hack a house? 

I only have 50k saved up now which can get me a condo, but would probably need to wait another 1-2 years to have enough to put a down payment down on a house + have enough reserves 

I'm only considering trying to get a house instead and wait because they appreciate more over time and there's more room to add value down the line - I can add an ADU to a house and won't ever be able to do that with a condo...please let me know your thoughts!

[Nicole Heasley Beitenman]

Normally I'd advise against a condo, but I don't like the thought of waiting. The opportunity costs are just too high. If you do go the condo route, make sure you read the HOA agreement THOROUGHLY and think harder about resale value than you would with a SFH. You'll also want to make sure you can attend the HOA board meetings. Good luck!