Still new and learning.

[Aubrey Ford]

I purchased a SFH in probate that had a fully furnished in-law suite in the basement. I originally intended to rehab it and rent the upper 3/2 seperate from finished studio in the basement. Unfortunately I did not do the requisite due diligence early enough in terms of Zoning and I can not execute that plan.

If I rent it, it won't cash flow more than 2%, which is sort of ok as my goals is creating a portfolio of additional income for retirement (12 years from now)  If I sell it I will likley lose a little money ($5-$10k) 

I Used a VA loan to purchase zero down and will be living in it for 24 months while I do the rehab.

purchase price $330K, rehab $15k, Estimated ARV is $370k.

Seems like I should just accept a poor performing investment and wait. Your thoughts?

[John Mason]

You can see if it appreciated historically and then you can think its a good deal after 2 years of waiting for it to pay you back?