Awesome to hear that you’re thinking about pulling the trigger on a house hack - it’s easily the best financial decision you will ever make if done correctly.A lot of people on BP will tell you that renting by the room is not a sound investment; that you can’t effectively manage multiple strangers in a household; that you’ll relinquish your privacy/sanity/personal space/landlord status etc etc.As someone who lives with 5 roommates (including my wife + 2 dogs) I can tell you that it’s absolutely not the big bad monster that it’s made out to be.Because you have multiple streams of income in a single property, if a tenant flakes, you still have partial coverage of your mortgage payment - not the case in a traditional rental or “luxury” house-hack.

I'm thinking SP is like that because they want the city to maintain the small town vibe and not invite real estate investors who are going to build McMansions or "luxury" condos all over like how many parts of LA have become.

@Zhen Shao You will definitely want a luxury agent to list the property so they earn the 5-6%.

You may, with some good investing, be able to take the family to Hawaii or another place you would have a hard time driving to.Wouldn't you just LOVE to see the look on her face when you tell her that she needs to take a few weeks leave from work because you already booked a nice luxury vacation on Oahu, HI.?

Detail sander, grout removal blade, vibrating scraper, precision hacksaw, ultra-thin curf wood saw, carbide rasp for thinset removal.

He'd not going to come bail you out of jail or pay the IRS fine you get levied for writing off luxury consumer goods and exotic vacations as "business expenses."

FAMILY ROOMS WITH NEW 100% WATER PROOF VINYL PLANK FLOORS FINISHED IN ASHEVILLE LUXURY PINE AND CHERRY WOOD.

Given the issue took 4 weeks to reach a temporary solution, maybe you could have looked into renting a portable or temporary unit immediately after the first expert told you this problem would be difficult to fix. 4 weeks with now circulating air in 100 degree weather is brutal - I know, I grew up in central Florida, where we don't have the luxury of the ocean breeze. 

$2300-2400/unit is very strong rental income if they are 2 bedroom units so you would have to make sure your units are competing with the newer luxury 2 bed rentals on the near NW side of Chicago that are going for $2500-3000/mo that come with parking and pool :)   I like using the site/app called HomeSnap for mapping out rental comps. 

I don’t have the luxury of having a family member co sign.