And make sure to plan for the additional depreciation as well!

Well, you can buy little portable washing machines that hook up to your sink- not unlike those freestanding dishwashers.

Well hold my beer.

I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?

Thank you for your insights and have a fantastic weekend.Hi Kevin - I’d like to hear from Long Islanders who have this experience as well.

He's an experienced agent. landlord, he has his own Airbnb house in Covington and he understands that part of NKY really well.

I will findout more information about all the great questions you posted :) Thank you.No inspections is all well and good, but that’s not the real issue.

You didn't write how much 'sweat equity' you put into this place, but it was likely well worth it given the $400K cash out.  

I am not a BP pro right at the moment and I'm not able to see the older calculations as well.

As well as accessibility to them for you to strategize and get answers to questions.There are several QIs like us right here on BP.