We for example, are OK with "Cabin Style" under this brand-new definition - since this issues comes up frequently:Properties with “Cabin Design (Style)” per appraisalreport are eligible if Foundation Walls = Concrete Block Roof Surface = Metal or Shingles Heating = FWA Interior Walls = Drywall or Plaster

You will be house hacking, sharing walls, living under the same roof as tenants which has some challenges especially if you are coming from a single family home.

Estimate is excess 1.5K for claiming half the walls and ceiling in the home need to be repainted, every door in the house needs to be cleaned, and other random items.

@Logan Guerrero one of the challenges with maintenance is owners not having funds.So, we've learned to prioritize maintenance issues:1) Health & safety issues2) City & S8 inspection issues3) Property preservation4) Direct marketing issues (purple walls)5) Miscellaneous

We also walled off the master suite and turned it into a studio (because it has its own bathroom, entrance, and parking), resulting in 4 individual units.

:)The home will need some minor repairs (paint in some places, a hole in the wall that needs to be fixed, new blinds, etc).

I’ve been studying terms and methods but I feel like I’ve hit a brick wall on what to do next.

Potential opportunity - there is an attached utility closet that I believe could and/or used to serve this purpose as it has the red/ blue inlets built into the wall next to a hot water heater that is also in the closet.

Purchase price: $230,000 Cash invested: $50,000 2 Bed 2 Bath Condo with attached 2 Car Garage in Walled Lake city center.

In some cases, the old wallpaper can be easily scraped, the walls can be skimmed and everything will look great.