The current price of the house is worth about $900000.

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

How much do they want you to to pay, to pay off one of the mortgages (or both of their existing mortgages)? 

I'm not sure if the program is still going on, but has definitely revitalized a lot of the area when it was once destined to follow the way of other older cities that are aging out of existence both in terms of people and property. 

But I bought 3 more houses with the cash and now cash flowing $3000/month vs only $1200/month with that one paid off house.

@Tim Holt, Yes INDEED house hacking is the best option for most 1st time buyers.  

If you only have a homeowners policy, and something happens like a fire or a guest gets injured, and the insurance company finds out you're renting out the house, you're in deep trouble. 

So, they could potentially buy another house later on.

One week into 2025 and the US housing market is facing considerable new challenges. 

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.