Attached is a screenshot of the offer along with what would drive rate up. 

HI I purchased a home in a multi unit (R4), high density zone.I am currently renting the house cash flow is just $50 after mortgage payment.This house has a big workshop in the back with a high rise ceiling, brand new roof, electricity and water.It sets in a half an acre lot so I am able to rent the workshop and land for $700 a month Total cash flow on this property is $750 a monthI'd like to enclosed this workshop (it has 3 brick walls already built) and make it into a livable place.I can still rent the land and keep the cash flow at about the same amount ($700).However there's no sewer  at this house just 2 septic tanks attached to the main house.Workshop will need:windowsanother walldoorscooling and heating systemBathroom etc...I can build build more units attached to the current workshop since there's so much land to play with but i have no idea of the cost.I purchased this home for $150k in 2016I owe 143Klast month I paid for an appraisal and the current value is at $185(flooring was the only improvement at the house).Question is should I refinance and bring in sewer line, build more units or live it the way it is?

Not sure what's out there product wise but if you could find a lender private or otherwise willing to lend against your portfolio that might work as well.Otherwise it'll be an exercise to determine the investments with the greatest/least gain attached to them.  

I wanted to reflect on my Airbnb's performance in one of my units i have located in Jefferson Park Chicago.I put together the attached analysis to look how my occupancy has bee YTD.I started doing Airbnb in this unit in February of 2017.Curious to know how other peoples Airbnb is doing in Chicago?

Its a 3 bed/ 2.5 bath ranch style house with attached garage and detached garage in back both in wonderful shape.Fenced in yard with big above ground pool and porch around it.  

@Charlie Vollers,Yes, in Denver, I've seen many examples of the duplex getting divided into two separate deeds and sold off as two individual "half duplex" or "townhome" or "single family attached dwelling".

Give it to me and I'll....OK, maybe not,...but it is an easy answer.Buy a NNN commercial property for 2M with a Cap Rate of at least 6% and you'll have $120k in income with no expenses directly related to the property attached to it.  

Below I attached a screenshot of my analysis.

Without a personal guarantee you then have no leverage to negotiate an early termination buyout to hopefully cover your lost rent, leasing commissions, and future tenant improvements to land another tenant.Net worth of guarantor and how easily it is to attach assets is key.

One bank doesn't do house/realestate loans but allows an interest only line of credit for 2 years. 3 have property loans attached to them.