Best market to house hack in?

[Kegan Scholl]

-22 years old

-$50,000 pre tax income from business this year

-80k in savings

-30k in investments

-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)

Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms. Preferably stay for one year and find another house. Ideally want to break even or cash flow with the 3 tenants.

Now question is this: I was wanting to buy in Tampa, FL. I’m told taxes and insurance is lot and will rise each year and cash flow is hard to come by. So is there better markets to buy in (in big cities)? Or can I find something in Tampa? I’ve been interested in TX, AZ, UT, NC or anywhere in FL.

Also any advice for me is appreciated (save up more, focus on business instead, etc)

Any more info you need comment below! Thanks for advice.

[Ben Trageser]

First thing you need to think about is where you want to live geographically. Do any of these locations make sense to you? Visit, explore these place and then narrow it down. Once you narrow down your markets, you can keep an eye on the markets and become attuned to them. You'll end up finding a deal and going from there. You can also live somewhere and invest out of state if the deals don't make sense. You do not want to force something.