How much money should I make to own my own 3 bedroom house in Massachusetts?
I am single and looking to buy a 3 to 4 bedroom house or multi-family in the suburbs of Boston. I am looking to buy cheap and have about 15K available for a down payment. I would rent out the excess bedrooms.
How much should my salary be? How would I calculate the total annual costs of running the house(insurance, repairs, taxes etc.)? Would it be a better idea to have a 3-4 bedroom or a duplex?