However, it’s important to ensure the seller is comfortable with the terms and that the property cash flow can support the agreed-upon monthly payments.Seller financing can be a good strategy to grow your portfolio with less initial capital, especially if you're able to increase the property's value through improvements (forcing appreciation).

Also, often times the original homeowners still live in the property so once the sale is ratified you have to go through the eviction process or offer cash for keys to get them to leave.

Is it worth it to go through the proper process with the city and run the risk of a huge expense to make this a 3rd unit? 

Also, there may be a very good investment channel that reviews cash on cash return in Lynchburg, InvestLYH. 

It wasn't fun living an hour and a half from work and play, but absolutely worth it.If one is starting with relatively low living expenses, cash flow can be extremely powerful towards reaching financial freedom.

Purchase price: $925,000 Cash invested: $75,000 Sale price: $1,190,000 Bought and styled and managed a luxury Airbnb in Scottsdale.

A house that's similar, but 10% larger than another usually isn't worth 10% more.

If approved, you’d already be in a position to add units, whereas others might still be navigating the zoning process.That said, rezoning takes time and isn’t guaranteed, so it’s worth weighing the cost, process, and likelihood of approval.

Depending on the size of your portfolio and what you're doing in real estate, it may or may not be worth it setting up all these entities.I don't run any other businesses. 

Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 The property is a 2 bed 2 bath with a den and a 1 car garage.