I have bought a few houses after reading the foreclosure notices in the legal section of the newspaper but mostly I find opportunities by just talking to people.

@Bryn Chatterton screening applicants will be SUPER important.This is a copy-paste from our website, so ignore some of the specifics.Robust Tenant ScreeningA bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.

@Meli F.What was the quote of the person you were going to use.Our leases are specific that we are not responsible for any costs for services they order without our approval.

I'm also relieved that I hired a local real estate attorney to help create a county-specific, legal MTR agreement for our house-hacking situation.

I suspect a legal, permitted garage conversion ADU will cost ~6 times your estimate if hands off and probably at least 4 times your estimate if you do the finishes yourself.  

They then did the STR model (with permits) and are able to cashflow a substantial amount.However, this only legally works while it's your primary residence.I've got other friends that used their VA loan to secure the rare plex in Alexandria.

Is it a legal 3-family on the city card?

Now, each lease will be unique, so you can't apply this across all commercial leases, but commonly, LL is responsible for exterior and structural components, while tenant is reponsible for any interior items.How to best explain this: honestly, I would request the tenants have their own legal counsel review their respective leases.  

In order to legally use the basement as a bedroom for you or someone else, the basement needs to have egress windows with a ladder to get out.