Here's why:Future Cash Flow: Once your debt is paid off in three years, you’ll have a solid cash-flowing asset that can provide ongoing income.Asset Growth: Property values, especially near a university, tend to appreciate over time.Debt Reduction: You can leverage the rental income to pay off your debt, essentially using your investment to achieve financial freedom.However, personal comfort and risk tolerance play significant roles.

If people are getting free electricity and water, they tend to be a little less frugal :) .Then check on insurance costs for a MFH and add that to your projections.Finally, talk to your contractors and see what requires permits, what their experience has been in getting them to pass inspections, the timeline and the cost.Factor all of these into the decision to move forward or leave as is - maybe advertise it as a 4/1 with a home office with outside access and get more rent that way.One last point - I hope that the addition you mentioned was done with permits and is reflected on the tax rolls because if not, you may open a can of worms you wish you had not.

I tend to agree with you, but that is my perspective.Let's say you are trying to raise money from other people: banks, private lenders or investors.  

The bifold tend to have problem with the track widening and roller coming off the tract in time. 

High lead quality is crucial for effective sales follow-up.Technology and Tools: Companies that use advanced CRM systems and analytics tools tend to provide better insights and more efficient lead management.Customization: Look for companies that tailor their services to your specific needs and industry.Transparency: The company should provide clear and regular reporting on campaign performance and KPIs.

Here in Texas they tend to use what are known as swales, just earth burmed up into certain manner to steer the watershed where they want it to go.

I get a decent a mount of off market multi family deals perfect for those looking to house hack in NJ but they tend to be much higher price point

Investment in this area tends to be block-by-block so as @Paul De Luca mentioned, it's worth driving through and assessing prior to making any investment decisions.

I tend to believe it is more likely the prices to fall than hold the price in the $80k+.Data can be deceiving.  

They could have chosen a different number, but one month makes sense because short-term renters tend to stay for days or weeks, not months.