You may come across that name sometime...For my appreciation needs, I would be looking to buy under intrinsic market value in the first place, achieving FORCED appreciation from the get go. 

I am after the $100k-150k homes and do some light rehab and hope to rent out for 1%-1.5% of purchase price to achieve 1% or 1.5% rule.  

I plan to pay down most of the HELOC, turn the whole property into a rental, then move onto the next one.

I pushed back pretty hard saying I am ready to walk on the whole deal if HUD doesn't cover those.

By the numbers, the cashflow may look better, but the turnover tends to be higher and you have a whole new set of CapEx expenses that have to be supported entirely by that one likely lower-rent unit (it needs its own water heater, HVAC, roof, etc.)If the property isn't a great deal without the garage unit, it won't be a great deal with the garage unit.

Just a small warning:In some areas, as soon as you pull a permit, all systems in the whole house must then be brought to code.  

With the above I would be able to achieve following...1.

All my life I wanted to prove myself to my dad and to show him I can achieve a lot and become successful. 

If you want to keep this alert as is, you can change it back in your notifications settings .I rely on these keyword alerts to not be late to the party so to speak :-) I usually have BP open all day on my browser, and do not necessarily click through to a conversation through an email, but I rely on the notification from the email to alert me in a timely fashion.That said....I would really prefer that instead of changing my settings on your own and leaving it up to me to figure out what is going on (took me a whole day) and then make it my responsibility to change them back, that you would ASK ME first if I would like my settings changed.

I simply had to ask how they afforded this lifestyle; how could they pack up the whole family and travel for 11 months?