As the median home price in many of America’s major cities spiral beyond the reach of everyday working people, they are resorting to more creative means to enter the real estate market. One of those methods is a type of “house hacking,” where multiple people pool their money to buy a single-family home, potentially residing there while renting another portion of it out. Although it can increase buying power, potential pitfalls must be addressed. The benefit of a successful house hacking arrangement is clear. Theoretically, it allows buyers otherwise excluded from the housing market to combine …