Sometimes a deal can be slightly negative because you're living there as a house hack now that is a different story because you might "know," that when you move out it will be positive or positive after you raise rents and move out (lets say its a fourplex 4 flat for Chicago folks, and 4plex for us west coasters).In this case, it might be lucrative because in this example you control the "move/out," and conversion from negative cashflow to a positive cashflow scenario so the future potential is definitive versus some hope and prayer that you will someday cashflow (smoking hopeium so to speak).I've also seen some buy negatively cashflow properties here in Seattle PNW (pacific northwest) areas even after they move out (its still negatively cashflowing), but the aim was to build ADU or accessory dewelling units in the back and that eventual exit strategy would yield positive cashflow eventually.

Converting a detached garage into an Accessory Dwelling Unit (ADU) in Houston, Texas, requires a permit from the city.

The second house (an Accessory Dwelling Unit) is 644 square feet and includes a garage on the first level and a living space above it comprising 2 bedrooms and 1.5 bathrooms (with the half bathroom situated within the garage).We're in the process of determining whether the ADU can be legally rented out in Baltimore County.

But want to retain my Fathers' Prop 13 low Tax basis when transferring ownership under California Prop 19 im told by the County tax accessor i can what's the best type of loan to buy my Sister out.

(https://housingtrustsv.org/programs/homeowner-programs/accessory-dwelling-unit-program/)

It also depends on what you are looking at that may possibly be in conflict with the CC&R's such as STR, MTR, accessory dwellings, etc. 

Not necessarily with all the accessories you find in an AIRBNB, but the basics (Furnishings) .

Purchase price: $495,000 Cash invested: $25,000 currently live and rent out an accessory apartment

I love the ability to make a list of items on Amazon and then I just order that same list every single time for the basic accessories - kitchen, bedrooms, and even coffee tables/desks, rugs, etc.  

Local Zoning Regulations: To learn about the rules governing garage conversions, accessory dwelling units (ADUs), and short-term rentals (STRs), get in touch with the local zoning department.