I learned many valuable lessons along the way!

Have they had trouble selling, was it inherited, does it include additional tracts of land, or solid construction traits not advertised. 6) Try to acquire with $5k or less down, and payments low enough to sustain long term in case of long vacancies.

Additionally I was considering targeting properties in $100K range, that way I could be rehabbing 1 and have enough cash to buy the next deal, the spread on $100K properties is not as big as though. 

You want to feel confident that in the way the lender determines value, that the addition of the garage will increase value with their methods?

Hi All,I came across a 5-plex that is zone as R5 and the seller is saying that there is a potential to add 1 additional unit making it into a 6 unit complex.

There's a ton of articles out there about additional lease addendum's you need to have which are not covered in a standard lease. 

Glad you found them valuable

Hey all, I am considering a 4000 sqft 2 family house with a full basement that I am looking to turn into an additional legal unit.

On most of our rehabs, we add SQFT with an addition or by closing in a garage or carport (perfect example here: https://www.biggerpockets.com/forums/311/topics/55...).

But with that, the seller's should be aware then that much $$ and time has to go in to get it to what they think its "worth" and the discounted price is there to make it valuable enough for someone to want to buy it.