There is really no reason to roll the dice in a craps game.

However, when you combine the income from both the units, I think you will end up with more income after a year or two than with a SFH renting by the room.  

Approx 5 commercial  properties with total combined value book value 12m .. actual maybe 20-25m?

My second house was under contract before it was even listed, but the combination of my GC disappearing and having to restart the permitting process for the carport in March right at the start of Corona lock downs dragged that out and eventually feel out of contract.

There are strategies that can be combined (i.e.

Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping. 

Quote from @Dan Grove: Some combination of cash to seller, closing costs, repairs, construction, paying off arrears, assignment fees, commissions.   

Combine that with insurance raising rates not just for dropping licensee count, but also to cover increased lawsuit risks.

@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.

This reminds me of the discussion around pricing things at $x.99 instead of $x+1.00.EXAMPLE: $4.99 instead of $5.00Everyone "knows" that the price in the example is basically $5.So, why do billion dollar companies, spending more on marketing departments than everyone's combined income on this thread, STILL use the $x.99 pricing format?