I recently added a half bathroom to existing footage in a unit that is valued over $1k/ft that the comps showed the half bathroom added ~$50k of value.- not sure of your home market but i assume you are choosing ohio for its lower cost.  

I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.

If you use a DSCR loan you could maximize the equity you could take out while still breaking even on the mortgage + taxes + insurance.

Home mortgage is $3700/month and $500/month extra payment towards the principal.

Where you would put in the mortgage the seller is financing.

I actually like Spam though.Health care is both very inexpensive and for higher end issues, non-existent. 

For a long-term rental, would a small multifamily in Raleigh be necessary to break even and cover the mortgage compared to a SFH?

We used one of our existing local lenders to provide the majority of the purchase, and the rest was provided from our investors.

The sale price will most likely be around $500,000 and the mortgage is currently about $200,000.I plan on using the profits (let’s just say $300,000) to build an ADU on property that my family owns in Central Oregon.

I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.