The building has been passed over by many people due to the layout, but I have a creative and viable solution (boutique hostel/hotel hybrid in well-established and overpriced tourist destination). 

We handled everything from redesigning the layout to modernizing fixtures and improving the curb appeal.

Lay out your cashflow by property.6.  

What is the layout and what are you losing by adding in the half bath? 

Sorry if I offended you as a PM....Clearly I'm not happy with my PM, but let me lay out your points of what a PM does and explain why none of that is happening:-tenant comms - they put contractors in touch directly with the tenant for repairs. 

Are you looking for something that is already divided or are you open to the idea of finding a SFH with the right layout to divide it yourself?

@Jerad GrahamHouse hacking properties should have features like a quadplex with 3-4 bedrooms, flexible layouts, private entrances, and amenities.

Here’s the situation:Key Project Details:•Property Size (pre-renovation): 250 sq. meters (2500 sq. feet)•Purchase Price: 250,000 EUR (1,000 EUR/sq. meter)•Renovation Costs: 750 EUR/sq. meter (includes kitchen, appliances, quality furnishings)• Loan costs (during renovation and renting): 350 sq. meters (due to attic expansion)•Property Size (post-renovation): 350 sq. meters (due to attic expansion)•Post-Renovation Layout: 2 separate apartments•Airbnb Income (24 months): 2,500 EUR/month/apartment (= 5,000 EUR/month)• Other running costs: 600 EUR/month•Projected Sale Price (after 2-3 years): 850,000 EUR (approx. 2,500 EUR/sq. meter)•Closing Costs: Negligible in Tbilisi•Real Estate Agent’s Fee: Typically 3%, but negotiable based on who hires themFinancing Setup:•Property Purchase Financing: 100% bank financing at 5.9% interest (bank has even financed 150% to cover some renovation costs in the past)•Renovation Financing: Our friend is offering to finance 250,000 EUR in cash for the renovationsProposed Partnership Structure:•Work Involved (on our side): Full renovation (10-12 months to complete), furnishing, and property management through Airbnb until the sale (2-3 years)•Profit Split Proposal: 60% (us) / 40% (friend providing renovation financing)Questions for the Community:1.Does the proposed profit split (60/40) seem fair, given the work we would handle (renovation, furnishing, property management)?

For reference, I had a renovation that we redid ALL plumbing from under foundation to all new kitchen and bath layouts.  

-Ask how many contacts there would be for a list in these counties: then tell them the counties in your city with this criteria then lay out your criteria:-Start with out of STATE absentee owners.-50% equity or more-I get homes with values between 50K and 225K.