Bedrooms need to be 7 foot minimum for most bank requirements .Fha.

Would love to connect if you have any stories or tips on how I could improve my footing in the real estate world!

It costs 10k for them to complete one deal for you and to get your foot in the door.

My garage was a similar foot print; he shared the blueprint he followed; I was sure I could do this.But self-doubt crept in: Could I do it?

Totally wrong here. maybe if you buy a new build at full market price but there's plenty of strategies to new builds. lowest land cost and highest resale per square foot in residential appraisal typically. 

The industry has to establish itself next door to standard construction in the neighborhood at the same price per square foot.

For example,Let's say there's a 1000 sq foot house with two bedrooms - one for the tenant and one for the landlord.100 sq foot is for landlord exclusive use.100 sq foot is for tenant exclusive use.800 sq foot is common areas (kitchen, living room, dining room, etc).Is the business use 50% (100 + 400 [common area divided into 2]/1000) or 10% (100/1000)?

Let's assume it's a full bath.The smallest possible full bath can be shoehorned into about a 4.5 x 5-foot floor area, usually what people consider a small full bath is 5 x 10 feet, with a tub and shower surround.

To calculate your land value, take into consideration the average price per square foot or acre of the comps and apply that to your land.Steps to apply comps to your property:1) Compile multiple comps: Find a real estate agent to help you put together a list of comparable properties.2) Make adjustments: Analyze each comp carefully to determine whether it has advantages or disadvantages when compared to your property and make adjustments to the value upwards or downwards as necessary.3) Determine the use of weighted average vs average: Depending on how close the comps are to your specific property; you may consider utilizing the weighted average method to place a greater weight on those properties that more closely resemble yours.Using comps to value your land can add a component of complexity and subjectivity.

The real money is in Chick Fil A or Raising Cane's where they pay tons of rent and usually do more sales than Starbucks, Mcdonalds, and a Subway store put together.Now of course the diamond tenants that pay lots of rent want the best locations as it's not really about the rent they pay it's more about how much sales per foot they think they can generate and profit for the site.Example a restaurant could pay 100k in rent but do 1.5 million in sales for 7.5 percent rent to sales ratio.