You may want to consult with a real estate professional or an attorney to get additional information.

Hey everyone, I live in Austin and am exploring the idea of doing a house hack + STR combo.

In most cases, if this is a permitted addition, the answer is a resounding yes.

In addition, Ms.

I am currently exploring the mutual funds option as well, Does anybody invest into them, if so what ones?

This will open up more favorable loan terms and the ability to potentially add additional contingent funds or "developer" fees into the loan which can give you some additional drawable funds to navigate any learning curves you experience during the build.

Another good example of government sanctioned theft, in addition to why people in CA are moving to Texas. 

Whether it involves selling the property or exploring alternative solutions, being prepared for various outcomes will help you navigate this journey more confidently.Best of luck,KC 

Keep us posted as you continue to explore this option. 

There aren't many electricians left who know how to splice into it properly, and every time I've seen it in real life, there have been questionable modifications made to it to add circuits and things (because electricity demands have grown substantially in homes since the 40's, people want more outlets, etc. additions and remodels have been done to most homes of that vintage, usually insulation has been added around it also, creating a fire hazard if any insulation comes into contact with the K&T.