Saving for a rental property or adding an apartment to my current home.

[Kim Roberts]

I live in a beautiful home close to a community college and the downtown area (shops, bars, parks etc)that has roughly 1,000 sq ft partially finished basement. I am wondering if anyone has started their real estate business by putting a unit in their home or if saving for a seperate unit is best. There seem to be drawbacks to both but I wonder if it would be easier to just build my first unit in the house I already own. Any thoughts or advice is greatly appreciated, thank you!