I have a client house hacking in Hoboken who bought for a bit over $1.3m - they live in the top duplex 2/1.1 and rent the bottom duplex 2/1.1 as an MTR now and probably will make 4k/month.

Some kitchens will be 5k if its a small one and some will be 15k if you are taking out a wall and its larger.

Let’s be honest, I’ve watched folks who jump into this game as if playing roulette.. firing off offers on duplexes in Phoenix or leaning on some “sure-thing” house hack in Austin without ever sketching out their plan.

What is the return on the duplex? 

If I waited longer and was able to pull more equity then I could possibly buy a multi family property like a duplex or triplex.

Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions?? 

I have SFU's & Duplex rentals in the Midwest and looking at selling a few and reinvesting into the St.

I just acquired a duplex, and the tenant has been there 15 years and takes care of the place like it's her own.

House hacking might also be worth exploring—buying a duplex or small multi-family property, living in one unit, and renting out the others.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.