I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.

Hello all,I just closed on my primary residence with an FHA loan so I am not able to house hack since I am obligated to live in the residence for a year.

I lived there for 10 years.

Currently our favorite idea is a SFH we can convert to an up down duplex by sealing off a staircase with an ADU on the property for us to live in.

In BC there are extra taxes if you use the home for short term rentals (unless you are living there).

If your medical condition qualifies as a disability and your current living situation isn't suitable, you might have grounds to break your lease without penalty.'

If you plan to live there in the winters, you might have a hard time doing long term rental outside of that and finding a new tenant every summer.

You really should never leverage the home you live in.

That’s because the longer someone has lived in their house, the more that home’s value has grown, which directly increases equity.And if you’re one of those people who’s been in their home for 10 years or more, know this – according to NAR:“Over the past decade, the typical homeowner has accumulated $201,600 in wealth solely from price appreciation.”The Benefits of Having Home EquityWhat does that mean for you?

I live about 30 minutes from downtown Atlanta so I'm not sure that a STL is good for my situation.