It does make sense if you are fully committed and want to grow it larger but running it around that amount per year there are better options.

NYC) with low cap rates, the numbers to house hack don't make sense and you're looking at what is left of the mortgage payment after your renters' paying being higher than renting a similar apartment. in fact, many properties in NYC are hard to be cash flow positive even when financing with 20% down and not living there (because people bank on appreciation)there is a lot of freedom to renting. a house hack is a commitment to continue to own and manage the property for quite some time regardless of whether you want to stay living there after the minimum time.

The overall opinion of this group is he did not commit an Ethics violation.   

Hello! Need advice!
We recently decided to make an offer on a house and dropped the contingency of needing to sell ours. We did this because we wouldn’t have gotten this house with the contingency (was initially decl...

If they're not, I flag the issue for my buyer clients and raise it right away with the listing agent.If the listing agent indicated that the units are permitted, he may have committed fraud.

When you finally have the courage to admit your life isn't going where you want it to go - and you're committed to do something about it, great things happen. 

If you make the commitment to real estate you can for sure do both and win. 

No person owning or having the care, custody, or control of any dog or cat shall permit said dog or cat to soil or defile or commit any nuisance upon any sidewalk, street, thoroughfare, wetland, in or upon public property or in or upon the property of persons other than the owner or persons having the care, custody, or control of such dog or cat, unless said person picks up any such waste and disposes of it in a sanitary manner.

I sure would there is no way of knowing if you can get Title insurance on the property until you get the commitment yourself .any future buyer will not close with out title insurance .Being in the Title insurance business I just had a client with a similar situation who did not insure  and is down the road now after purchase trying to insure.Best of luck jacob

These days I'd rather sign a standard FNMA Note and Deed of Trust and pay a higher rate, if I have to, than get the cheapest money while having to commit my firstborn.