Good afternoon everyone
I have been researching and saving over the past year and have accumulated roughly 42k in liquid cash. I currently rent with my wife and we take home 95k before taxes and have no debit. I have seen a duplex for sale in my area where I work(college town) and would like to house hack this duplex. The property is listed at 225k and landlord rents both sides out for 900 each.
If I were to purchase this property it would reduce my monthly living expenses by 400-500 dollars. Is this something I should continue to pursue or wait until a better property comes on the market?