Or another, we chose to add second floor laundry versus increase the hall bath (which was already adequate size) because this was a neighborhood with a lot of young families, so a lot of parents doing a lot of laundry.  

A co-worker at my W-2 job told me about a friend that was looking to sell their parents home after they had passed away.

I was able to partner with my parents to secure funding for the down payment via their HELOC.

2.My parents are the names on the utilities.

This deductive approach to research considers a potential cause of something and hopes to verify its effect.Since the phrase cause and effect is part of nearly every child's history of parental lectures, we are all familiar with the concept.

So I'm giving myself a year to acquire property locally before looking at markets closer to the tri-state to house hack.QUESTION:Would I be violating that clause if I still live with my parent but register my address etc. with the property - simultaneously renting out the units?

The real goal is to be able to maintain our current lifestyle without having to work anymore but also be able travel, support our kids, support our parents as they get older, support whatever events or organizations we feel like supporting, etc without having to worry about it. 

The house pulls in $430 per room, will be locked in with cosignment from parents (student rentals) with rent on ACH/autopay schedule.The home is going to be rented from June 1st - May 1st, and there will be virtually no vacancies (this will be club on campus house, which I have personal connections to)The question is this: We have the ability to utilize a VA loan and purchase the house, with this option the mortgage is roughly $1100 monthly, we will be pulling in $3000 roughly in revenue, so between mortgage, insurance, and taxes the costs is $1100, with other expenses applied it will be roughly $800-900 positive cash flow monthly. 

My wife and I unfortunately already own a perfect SFH that her parents can come visit and stay with us at so house hacking would likely jeopardize that luxury to some degree, and not to mention Lord only knows when our family will start growing ha.

You may be able to buy at a discount given the limited interest in student housing at the moment.Usually parents will cosign for the kids.Cons:They're college aged kids.