I'm pretty handy myself, I've done all of the repairs on my properties, and I've helped build 2 houses out of pole sheds.

There is a shed on site, but I’m concerned this would be a fight if I let all 4 use it.

@Dave Foster should be able to shed additional light. 

Yesterday I moved firewood to the wood shed.

This is the scenario I came up with:Renting the 2 other rooms up top at $500 at a room, upping the bottom separate rent to $1500, and renting out both the garage/shed units, I was estimating around $2675 total income.I would ask the bottom tenants to pay their own Water/sewer/garbage and electric, while offering it included to the tenants renting out the bedrooms up top.I estimated for a total of $15k in rehab costs since the property looks like it could use some TLC, assuming all the foundation/electric/plumbing are good.I also planned on keeping the train going and using another loan to secure another property 1 year after an FHA loan on this one, thus opening up the top unit for full rent or another room to be added.This is a screenshot of the calculation I made in excel.Let me know what you guys think.

Talk potential deals and shed knowledge on to one another?!

If someone can shed some light into this that would be so helpful. 

My research says that you are able to do this once every two years.Any CPA’s in the group able to shed some insight?

MLPs (pipelines) are getting taken out to the wood shed (i should know)... yields are insane in that space right now.

@Wyatt FrantaBrother, can you please shed more light on the industria asset class as to what options are there in terms of purchase price, down payment and returns?