Plus, leveraging multiple properties can help you scale faster, and the cash flow from several properties can compound over time.That said, paying down debt aggressively on one property could provide peace of mind and financial security, especially in an uncertain economy.

The lowest barrier to entry I've seen for house hacking would be to find areas with grant loans, there are several here in central OH, they are general "majority minority" areas, but many local banks are incentivized to do loans in these areas, so you can often get into a 2-4 unit with no money down, and 15K towards closing costs and rate by down. 

Ive had several careers throughout my adult life, (finance/retail banking/ lending for 12 years, and ive been a union carpenter for the past almost 8 years now). 

BTW we’re talking several MILLION here not small chump change.

We have walked away from several properties while looking and still do it today so I understand the FOMO or exhaustion of looking around trying to make something work.There will always be another place to check out.

. $50,000 times 15 acres equals $750,000.You give that $750k development right to an agency, and It is treated as if you gave $750k to the Red Cross.It's a huge deduction.Depending on your tax bracket, that tax deduction could be worth several hundred thousand dollars to you.It's a pretty big deal.

Plus as you said when she graduates in just several months she will likely get much better paying employment.So, while this is a horror story for the victims, hopefully it doesn't become a horror story for the landlord.

We have it in several of our homes (including our primary) and absolutely love it. 

Make it a short window when you know several prospects will come. 

I live in the Indy area and have several SFR properties and 1 Airbnb.