First move advice!!

[Juan Bonilla]

Looking for some different perspectives on how to make a solid first move in real estate investing. 

Currently living in an inheritance property that is not yet in my name, but I have complete control. Fixer upper. 3 bedroom 1 bath, detached garage that was once used as a studio. Studio has 1 living area 1 full bath and a kitchen. This area however is not livable at this time. I have invested about 25k in renovations for the main home. Another 20-30k would complete the project although it is livable. The studio needs about 15k of its own renovations. 

I have 60k in capital ready for new investments.

goals: buy residential homes for long term rentals. Supplement and eventually replace w2 income.

questions: split the property to make it 2 separate rentals? How would I do this legally? Complete the renovations so the current property yields more rent? Use capital for new homes? 

thanks in advance for reading the long post. Appreciate any info. 

[Melanie P.]

Complete renovations to have two units. Call them A and B or Front and Rear. Add a mailbox and you're set. 

Are you borrowing to do the renovations or at the end will you have two paid for rentals? Either way it's a good start.