This is of course assuming it's a 2-4 bed / 2 ba SFH wood or CBS frame SFH on a standard lot.

Just a simple 499 sq ft city approved plan, single story, 1 bed/1bath/full kitchen adu with living space.

Along with the difference between studio/1br and 4+ bed properties. 

Cash flow approximately 350 a month.Option 2: Use the cash to buy land to build a 6 bed 4 bath duplex, all in cost approximately 300k/330k. 

I always make sure to put an extra one under a bed or storage inside so if it goes out, I can tell the guest where to find a new one.

In my area, there are many 3 bed 1 bath homes.

72936. 2 bed 2 bath. 

Be honest—are you waking up early and controlling your day, or are you rolling out of bed and playing catch-up?

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

I have heard that the sweet spot is a 4 bed 2 bath section 8 in Memphis.