Another thought, if you can fund it alongside the bathroom reno, might be a dormer in that section of the roof - not sure what roof style is from this photo, or what is just outside that window that might make that unappealing, but a dormer would really open up the room even if you don't make it any wider, and would give you more full-height square footage to work with.

It goes with the theme that’s in style now “rustic”

Or buy rental properties for cash flow and build as much as you can and keep growing even if you achieved a comfortable life style?

What are the general thoughts in owning a single family or even small multi family and generating income thru VRBO/Airbnb?

Louis style, Cherokee St and the few blocks either side of it have seen a lot of investment, but one of the worst areas is just south of there.

and how do I go about accurately estimating these cost..comps in the area are going 85-90 per sq ft.. non rehabbed (80's to 90's) style houses.so 196 sell for-ishMy question is.

when you get to about 32 units you should be able to hire a Property Management Company paid out of that apartment income and have some positive cash flow.You can get hot areas to do either style by talking to brokers, Governmental agencies, popular appraisers, and 

Call and ask him to break it down Barney-style.

Just wondering what that type/style of drywall is called.

You can get good returns over the short run to increase your “war chest” without sacrificing the same level of liquidity as if you bought real estate equity.