Hi Jonathan0% financing options are available for owner occupant buyers now for duplexes.

Will there be a catalyst for housing activity like lower interest rates?

@Sean Graham isn’t your example paying for another cost segregation, which will cost more than a 1031, just to break even on taxes?

This is for personal clarification. 

Expensive and a little scary for me personally.

I mainly use Awning.com Airbnb rental calculator to estimate annual rev for an STR 

Cherry-picking rehab costs won’t give you the full picture since everything ties into existing systems, permits, and infrastructure.For a garage conversion, you’re adding sqft  which means extra costs for HVAC, insulation, electrical, and possibly new windows or structural changes.

The lease would establish income, which can be used for loan qualification purposes.

I have been listening to The Real Estate Rookie and other BP shows for about a year.

I would also recommend talking it over with a RE professional in your area to make sure the comps for profit are accurate because it could swing a lot with different profit projections.