Just learning about rental properties, and it might be a good match for my wife and I. We’re thinking about buying a house, but at some point we also want a rental property. The idea is to buy a duplex, live in one side, rent the other.
My question is:
How do we do the math on this? Does the 50% rule still apply? Do we analyze the property based on what it would make if both sides are rented? Or is there another metric to use for live-in rental properties?
Thanks!