Owner Occupied Duplex
Has anyone had experience with this kind of arrangement? I'm lucky enough to be in a position where I can take care advantage of low housing prices, and I'm thinking of buying a duplex. there are a few that I've looked at that I really liked -- a little bit more than I planned to spend for a SOR, but still reasonable for my budget.
I'm single, in my 40's, have a fairly stable job and do freelance work. I've got a pretty big social network, and a long time friend who is interested in renting from me, so I don't think I'd ever be in a situation where I was renting to total strangers. But, having done a lot of work for a housing discrimination organization when I was younger, (and 20 years of apartment living!) I'm pretty familiar with the tenants rights side of things.
If you've lived in this kind of arrangment -- either as the landlord or the tenant -- I'd love to hear what you think of the idea.
Thanks in advance!