Using that space would be a last resort, but it is an option.

Make sure the basement area has egress and it is up to code to be considered a livable space. 

It will make that space nice and bright for the homeowner for years to come.Good Luck!

How did you decide on Space coast?

And then hold.To me, I'd suggest you look at smaller towns that have good schools and are close to cities so that you can get houses closer to that 200k or less mark yet still have a shot at decent appreciation and decent rental increases over time.

I'd be happy to connect further and share referrals to others in the space. 

The commercial loan space continues to grow and after my recent experience I fully understand why.

Their house is 2400 sqft; 4 bedroom, 3 bath with space in basement that could be an apartment or be used as a nice Airbnb; it's in a development with an HOA.   

I'm not a CPA, EA, or tax professional, but I appreciate the time and years it takes to practice in this space and I'm a firm believer in paying for good tax advice! 

I understand Google continues to push into this space and disrupt the online travel agencies, so the landscape might be changing.