If we did add some additional structure to move into and landed on a favorable sale price it could mean we live rent free or for very little (not accounting for how you'd finance the cost of building the ADU).I don't really have anyone to bounce ideas off of so I am using this forum to lean into for advice on the topic.

Ironically, my TAXES are higher than my mortgage payments, and the state government is not currently entertaining any type of relief from me having to pay "the man" whilst permitting my tenants to live rent-free."

And I live rent free.

I assisted in the finding and buying of the property with the goal of helping our mother live rent free with some cash-flow for living expenses.

Because you’re not saying give your tenants a break and let them live rent free.

If they live really clean and the property is in good condition, you can anticipate a short turn-around and quick rental.

Buy a moderate home, house hack live rent free 4) Get a massage (in a hypothetical world there is no virus)

Yes, you will need to pay monthly MIP, but if the property allows you to live rent free and still cash flows it could be a viable option.I used the same technique here in NYC.

im not an expert/professional this is just my 2 cents. but with the amount of debt you owe i would not file for bankruptcy. go get your engineering job back, negotiate the debt you have many places will let you pay less or at least give you a payment plan. find a good tenant and rent the duplex out. as crappy as it is to have those payments it will help you in the long run. and if you can cash flow rent the other side of the duplex and live rent free you should be in the green in no time, unless there is more to this...obviously alot more information is missing. can you sell your vehicle and get something cheaper?

The rules DO NOT SAY TENANTS LIVE RENT FREE FOR 12MONTHS.