For one of my recent clients, that question was front and center.

They were torn between two great options. The first was a home in a slightly less desirable area that came with a lower purchase price but no space for rental income. The second was a home in a neighborhood they really loved, priced a bit higher, but with a separate rental unit already in place.

At first, the less expensive option seemed like the safe choice. Lower upfront cost, lower monthly payment. What’s not to love, right?

But as we talked through the numbers and their goals for the next few years, something interesting happened. The home with the rental unit began to make more sense.

That extra space could immediately start generating income. It could give them breathing room in their monthly budget. It could offer flexibility if they ever wanted to host family or friends. And, if they ever moved in the future, they’d have the option to rent out both units as a true investment property.

After a lot of thoughtful consideration (and a few spreadsheets later), they decided to go for the home with the rental unit.

And here’s the outcome: that extra unit now covers about $1,600 of their mortgage each month.

That’s not just helpful, it’s transformative. It means less financial pressure, more savings potential, and more freedom to make choices that align with their life instead of being limited by their mortgage payment.

But beyond the numbers, what I loved about this decision was the mindset behind it. They weren’t chasing a quick investment opportunity or trying to “house hack” in an extreme way. They were simply looking at homeownership through a wider lens. One that included both their current lifestyle and their long-term goals.

That’s the kind of strategic thinking I love helping clients explore. Because sometimes, the “best” home isn’t just the one with the lowest price tag, it’s the one that gives you room to grow, adapt, and create opportunities for your future.

If you’ve been wondering whether a home with a rental unit could make sense for your goals, you’re not alone. Every situation is unique, but with the right guidance (and a realistic look at numbers, zoning, and long-term plans), it might be more achievable than you think.