Section 8 refers to a voucher that some people use to pay for their housing.

You may want to pay an appraiser to determine the value at the time of inheritence.

But now 50% are not paying.

That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.

Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.

Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

I had a nice conversation with them and approved their booking for Aug 2025.So, it pays to keep an eye out for a repeat booking that looks fake as they could just not be seeing you responses. 

Got an equity line of credit and borrowed from it to pay cash for the property.

Step 2- close and start rehab-- would need to pay holding cost during rehab?

A longer timeline will make paying the extra 2% now more attractive.