Would it make sense for you to live somewhere else and rent all 3 units to maximize the income on the property to eliminate your debt?

If you currently own the home you live in, run the numbers on making it a rental and buying yourself a new primary.

yes. probably, but I rather have my own place than pay rent. i got it for my budget, $150k. had two tenants in it already. i live on the other side.  

My name is Nick, I am 26 years old and live in Long Island.

I make my living as a residentialremodeling contractor and fill in the work gaps with company fix &flips.

But if you're Househacking then you need to take away the income for one of those units because you'll be living in that unit.I don't see water, sewage or garbage either. 

We have a situation where my in-laws will be living with us temporarily.

I intentionally skipped the lead inspection when during the home inspection, too, so was worried.There's financial assistance available to property owners, and the city has devoted a bunch of money to supporting property owners, too.

Any assistance is much appreciated.

A real estate attorney can assist with drafting a partnership agreement that outlines the rights and responsibilities of each party and addresses any potential contingencies.