I know pretty cheesy title but oh well...got your attention I am pretty much new at investing in real estate and I hope to gain some wisdom and networking. I am in the SF Bay Area and I have a broker and an agent that...

@Donovan Maskell$600/ room is definitely reasonable, that’s near what I would price my spare room if I decide to rent it out.

The sacrifice you make sharing your living space early on your investing career with roommates pays itself off when thinking long term, especially if your goal is to repeat this process multiple times (buy a home, living in it for 1-2 years while renting out a spare room, basement, or mother-in-law suite to save up money for your next house hack, then turn first property into rental) My wife and I are currently on #2.

I would do a full if something happens to the main shower this one will be a spare but I always like to have a minimum 2 full baths so if something happens to 1 there is an alternative while I’m fixing it.

Luckily I live about 5 minutes from ASU Polytechnic, so that might help my chances of finding a good student to rent my spare bedrooms.I'll try and update you once my house hack is up and running!

I know, I know...there are far worse problems to have lol, but I figure at some point I'd like to acquire a new truck and since I have a jeep just sitting there as a spare vehicle and I'm only 1 person, why not purchase it when I can write off a portion of the purchase price and then use it as a personal vehicle after the depreciable years if that is allowed. as far as using that 40k to sink into other investing endeavors I would still do that.

I'm looking to buy a fixer upper single family or condo and live in it while renting out the spare room for extra income towards fixing up the home.

Replace it with a compact tankless unit ideally outside the closet.

A storage garage for spare stuff and "downsizing" materials.

I was hoping to live in it for two years and rent out the spare room on AirBnB but the world changed and decided to sell and move back to CA to be closer to family.