Live rent free, and get money on top of it while you build your inventory?

You can probably live rent free and build equity though. 

Like most folks in Maine, I am actually a trans-plant from another state. 

Ideally, my goal is to be able to cash flow while living in the property, and if nothing else live rent-free.  

Young people entering the workforce, transplants moving to new areas, STVRs, millennials and gen-Zers who value mobility and experiences more than stability and accumulation, empty nest-ers and retirees looking to downsize. 

After that (I am assuming you would not charge them rent) they would live rent free.Things to consider.  1. 

Then get your college friends to live with you and pay you rent - so you live rent-free.2.

I have a management company and my rentals fly off the shelf too to IL transplants.

DFW and Houston get around 400 new transplants each day!

I wonder the same thing too - I don't use the Calculators on here I use a similar calculator accounting for expenses etc but I otherwise try the following different approaches:- I always try to see if the would be NOO units could pay for the entire mortgage, costs etc on their own while having me live rent free- if so, then to me it's at least at first glance a good deal- if the numbers don't work then I probably need more money in the deal