But a bedroom or a bathroom can be easily qualified in terms of dollars (I usually see $4,000-$5,000 allotted for differences in bed/bath count).Truthfully, if I can't find easy comps and if I can't make it easy for the appraiser to agree with the value I'm looking for, I just don't buy it.

Seems like a lot of folks prefer SFH, but I bought a Townhouse because it seems like it is easier to maintain (HOA covers external, landscaping, and neighborhood amenities).

I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?

I decided to keep the house and rent it out, currently I’m out of pocket almost $1300 to cover for mortgage. 

I wouldn't consider a SFR to be a mistake if the rent can cover the expenses.

Built out the basement into a 2 bed/1 bath unit Lessons learned?

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

My unit is a 1090 SF, 2 bed 1.5 bath townhouse.

If you're new to this, partnering with a trusted contractor can make a big difference in ensuring you're covering all the necessary costs.

I'm about to do a rent-by-the-room/co-living property there, since current LTR rents don't cover the mortgage with these interest rates.