If the answer is no, it would depend on your current income.For a purchase price near 550k, I would assume that it would be cheaper monthly to own compared to paying 5k.

I used a company to refinish a tub and it was better than new and much, much cheaper than replacement cost.

Your expenses aren’t getting cheaper or even staying the same…right.

This is cheaper than replacing to smaller window or placing window higher.  

I think there is greater value in more doors though, so findings something like a 2-4 unit property, where you will live in one unit and rent out the remaining units likely would allow you to live cheaper as their is more opportunity to increase cash flow.

For example they took on (a) floating-rate debt (instead of fixed rate which was more expensive but safer), (b) short-term debt (cheaper but then they ran into refinancing problems) and (c) high levels of debt (to try to juice projected returns rather than conservative levels which aren't as "exciting" to a certain type of investor).

Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Properties are cheaper elsewhere for a reason…..

Everyone seems to advocate for househacking but why would you do this when you can get rent cheaper somewhere else nearby? 

So its cheaper but they are effective.