<prompt> Human: As the very long title says its almost a certainty that I will not have my current job in a few months. I currently make 65k a year and have a 18k car loan plus 8k in CC debt. Have about 10k in savings trying to stay liquid. My job especially at my current pay is difficult to come by. While I dont desire to stay with roomates again I could bare it. I got the hairbrained idea that I could end up buying a house in my area with 4 bedrooms and rent 2 of them out which would cover more than the mortgage covering all of the utilities. I am a veteran thus eligible for a VA loan with 0 down and no penalties for it. I also live in a highly populated military area so theres a ton of renters. Is this a decent idea? Is there a better avenue of approach? I do potentially have another job lined up but Id likely lose 20k a year which would be extremely tight with the amount that rent goes for around here and my car payment. Edit: The comments thus far have definitely discouraged me from pursuing my original plans. Anyone that has suggestions on how I can prepare myself for the impending situation are strongly welcomed.  <response>: I wouldnt want to be buying a house at the same time Im losing a job. 