The $35,000 renovation budget presented a clear opportunity to add value.

The $20,000 renovation budget presented a clear opportunity to add value.

Upon arrival we had to cleanup two dump truck loads of garage that they left behind in the apartment and basement. 

@Caitlin JonesSell and eat your losses but several questionsWhat was your original budget?

If budget allows even some small multifamily. 

I’m also looking in the area since my market is out of my budget

I've started a rehab on a SFH and after getting into the project, I've discovered a handful of things that will most certainly push me over budget on my rehab leaving me short of funds. 

These sites typically provide extensive catalogs of floor plans designed by professional architects and designers, offering customization options to suit different budgets and project requirements.

So, a typical budget for each of those is 5% of rental income or 15% total for all 3, which for you is $225/month.2.

I love that you rented two of your bedrooms as mid term and short term rentals and made enough to pay for the mortgage and now you are going to use the rental income to show you can qualify for another property.This is an excellent strategy and one more people should consider doing in this inflationary environment to offset the biggest cost in their budget--housing.As you rightly point out, you can use this strategy with every house you buy accumulating a portfolio of houses that you originally started out living in as a primary residence every two years.Well done and more people should consider doing the same, or rent their garage, or shed, or a boat, or an extra car.Love it!