Best part is, I have multiple people saying they will invest in me. 

@James Walker I would start with planning and zoning, assuming you've done that part and/or feel likely you can get it approved, then I would pay for a feasibility study from a neutral 3rd party. 

A clean, well-designed bathroom can also enhance the overall appeal of the home, making it more attractive to potential buyers.The curb appeal improvements typically rank third in terms of ROI for fix-and-flip projects.

Increasing the market rent for a 3 bed split level home by $700 monthly, rented in less than a week with multiple interested parties Lessons learned?

I recently purchased a duplex and the garage is being rented out by another party.

Be transparent about the risks and potential benefits for both parties.

One just needs to understand how it’s a benefit to all parties and how to negotiate the terms. 

But you appear to miss the fact that the third price in that formula is affected by location which includes school ratings.

Best part is I don't do FHA as well, low money down conventional tends to be go to option for investing locally in NJ. 

They would pay us, the management company a small non-refundable annual fee that is basically a third of their traditional deposit.