@Ali Hamade generally when you go on-market, as an agent, I'd not only use House Hacking, but also multi-generational living, and even the income producing apartment or whatever your situation is like.

If you have a $400k duplex and you live in half and rent halfOr if you have a $200k rental property Your deductible rental expenses will be the same. 

I used to live in the lower mainland but invested where the numbers work like Vancouver Island or Northern BC.

The HOA pays water/sewer for all cabins, and this was $9235.97.Our largest expense is landscaping/law maintenance, which is $12,200 for the year and proposed to be $14,400 for next year. 

House hacking can certainly be a great way to build equity and reduce living expenses, but it’s essential to have a cushion in case your rental income doesn’t come in as expected or renovations take longer than planned.

If they’re open to living elsewhere, keeping the property as a short-term rental seems like the more profitable long-term play.If you’re enjoying the self-management and the demand remains strong, I’d lean toward keeping this property as an STR and exploring ways to add another.

I originally found BP to help myself nagivate the waters of RE.

I live in a smaller suburb inside Memphis called Bartlett; It has a great community and amazing schools.

Also, you might consider swapping out one of the living room photos for the best bedroom photo in your first five photos.

Cost of living increases are real.