u/Suspicious_Dust_1180

Hello everyone! I just moved to the Washington DC area. I have had a very hard time finding any kind of duplex-quad in a location I want to be in and also in my price range. I am trying to find a way to buy a place with two or more separate living spaces so I can rent out one, without necessarily having a roommate. I have a budget of about 500k and I can stretch it a little if the potential rental income would be high enough. Some of my current ideas are to:

- Buy a town-home with a fully finished basement

- Buy a town-home and convert the basement into its own ADU. (I have no idea if this is would make any sense cost wise)

- Buy a duplex somewhere outside the city but near a subway station.

- Buy a single family with the same entrance but transform a basement into a livable unit (with or without a kitchen) so it still feels like I am living separately.

TL;DR: Essentially I want to earn an income with a property I buy and live in but do not want to live with roommates, and in DC it seems borderline impossible without going past my budget.

What are your thoughts on these ideas? Do you have other creative ideas on how you might make a house hack happen in a pricier market?

Hello everyone! I am new to the area and looking into buying something with the idea of house hacking in Northern DC (or in Maryland north of DC but close enough to the city). I have had a very hard time finding any kind of duplex-quad in a location I want to be in and also in my price range. I am trying to find a way to buy a place with two or more separate living spaces so I can rent out one, without necessarily having a roommate. I have a budget of about 500k and I can stretch it a little if the potential rental income would be high enough. Some of my current ideas are to:

- Buy a town-home with a fully finished basement

- Buy a town-home and convert the basement into its own ADU. (I have no idea if this is would make any sense cost wise)

- Buy a duplex somewhere outside the city but near a subway station.

- Buy a single family with the same entrance but transform a basement into a livable unit (with or without a kitchen) so it still feels like I am living separately.

Essentially I want to earn an income with a property I buy and live in but do not want to live with roommates, and in DC it seems borderline impossible without a higher budget than mine. What are your thoughts on these ideas? Do you have other ideas on how you might make this happen?