Potential Solution: is cosign with a close family member to alleviate payment issues.2) Wanting to close her storefront and run the business in our house.

However, water stays with the house- meaning if the tenant's have a balance when they move out, they can open a new account somewhere else with no problem and the owner is stuck paying the bill or getting a lien filed against the property. 

Separately I have a non paying tenant I am evicting which will cost me c10 months rent but that is another story and buyer beware in dealing with NYC tenancy and housing laws - advice is hire a lawyer from day one of nonpayment.Two questions for the forum:1.

I plan to house hack my first investment property.

Total home sqft is 2343: main house is 3b3b 1783 sqft and ADU is 1b1b 560sqft.

If not, wholesale a house or two first.

How much can the house afford to pay in terms of rate?

Our housing stock is mostly single fam. 

I would like to set up an LLC for my house, but there's not a lot of information out there on building a rental property in your house.

My goal is to house hack a multi-family and then move out after 12-18 months when I am able to buy my 2nd property. 2 of the units are under lease agreements. 1 unit is vacant (which I would be living in).