If you ever need help, I’m happy to assist!

I don't know everything ( I'm better on the construction/building/renovation side of things) but DM me if this is something you are interested in doing and I will help anyway that I can!

My mother-in-law wants to help my husband and I on our first real estate investment purchase. 

I - nor my clients - will rent to anyone without having of proof of engagement prior to moving in.Hope this helps.

you said "rent covers mortgage." you need it to be significantly higher than the mortgage to cover all the expenses you are going to incur.hope this helps...

Something to consider to is that if you are able to refinance after the addition and pull out some or all of your new investment and the cashflow still makes sense then by all means I think go for it.

I'm open to helping you explore your options.

It doesn't have the immediate cashflow that flipping does but it will help you get to where you want to go.

This is a reposting of a previous postI value Matt Scott's commitment to help me in with my success.

Even the funding alone is easier since you now have a cash flowing property that can help you fund your seed money faster.