Her'es the skinny: Step-mother and Step-Daughter bought the house, and got the mortgage together. 

Greetings,My name is Joshua and I currently live in a two family property in the Queens NYC Area in which my mother is the landlord.

Would it be possible to find a duplex or a SFR with a mother-in-law suite to help offset your housing costs?

Through long-distance investing, I am interested in purchasing a multi-family home or a condo in an area popular with traveling nurses and I am possibly interested in an SFR in the right market with the right cash flow.

My mother is also thinking about renting out her primary residence, where we have seen a $1750 profit in the past after PITI.

The goal is to house-hack for a few years before turning it into a two-unit rental.Viewed in that light, here are the results of the deal analysis when financing 95% of the $381,000 purchase price: If the appraisal comes up short (which is likely), here are the results considering the max $25,000 cash over appraisal it took to win the bid: Rent-to-price: 0.58%Property details:Single-family home with mother-in-law in basement2 bed, 1 bath, 1 kitchen up and down2 car garageShared utilitiesShared heating, cooling, and water heaterShared foyer at rear entrance, no front-entrance for downstairsSingle mailboxR-2 zone (multi-family)Built in 1933Nice upstairs with loads of historic charm, livable downstairsNeeds ~$5,000 in updatesInspection found no glaring issues, but it does have a mixture of new wiring and some ungrounded knob-and-tube (added insurance costs)New roof, furnace, and a/c in last 5 yearsWater heater 14 years old5 off-street parking spots (only really usable by one unit)Not ideal, but workable and a decent return which we're grateful for in this market.My biggest concern is being unable to use it as we intend.

Our tenants are typically nurses, teachers, and accountants. 

I'm working on turning a basement to a mother in-law apartment in Sandy and have a few small items I can't or don't want to tackle myself. 

Those guests caused the second most damage to our unit, behind a couple of traveling nurses and their three huge dogs.

I do not want to lose these perspective new Tenants.The Challenge: Current Unit 1 Tenant won't tell me the date she is moving out, citing she has to wait for her Mother's home sale to close so she can get money.