I remember once on a flip show I was watching, the hosts figured out the ARV of their target property by bicycling around the neighborhood and chatting on their cell phones, staying hydrated sipping coconut water out of their trendy sports bottles.

EPDM roof is a thin rubber-think bicycle inner tube. 20 year roof.

Still have scars from wiping out on a bicycle there. 

Additionally it should be located in bicycle/walking-distance to the office and downtown.This property presented itself at a discount because it hadn't been kept up and showed moderate wear and tear.The 2-unit setup makes it perfect for house-hacking.

But get on a bicycle and see how far you can go.

My non-expert opinion on material cost projections is that they will come down significantly by next year for the following reasons:Costs have quadrupled on some materials as a result of one thing: The pandemic (not interest rates which haven't changed significantly since pre-pandemic) Supply is down in everything (furniture, bicycles, appliances, etc) and demand for materials is up because people have been doing home improvements instead of going on vacations.

@Noah Everett Farmer If you're not already get out and drive the streets or better yet get a bicycle and ride around in the neighborhoods that interest you.

I just had to get their on my bicycle. 

Took a bicycle once - hour and a half.

So, if the roof collapsed on a tenant, then yes, in theory, there is bodily injury coverage for the owner.But what happens if the guest is injured on a bicycle or canoe provided by the rental?