A 50% rule of thumb may or may not be suitable for older buildings that have better "cash flow" or current yield.

If you find a suitable tenant you will of course give them a 30 day notice.

We got more detail on the property - it's a lot more suitable for an end-user who wants to refurbish it or a rehabber with deep pockets.The seller's terms are not attractive at all as they are asking for an all cash transaction with a 35% downpayment.

And semi permanent visitors that seem to be there all the time.

Josh said there has been more visitors, but I also feel like there are less posts.We've always gone through lull periods occasionally though, the activity usually comes back.

Designers can help create a rental space suitable for any tenant.

With interest rates in the 10 to 15% ballpark, plus points, they are usually not suitable for a primary residence except in extenuating circumstances.

You can always open/start a 1031 Exchange and then let it fail on purpose if you do not find anything that makes sense and that is suitable for you.

While I could be wrong, I don't believe typical stuff from Anderson, pella and marvin are suitable for this design.As an investory thinking about the project in the context of a flip, maintaining a lower cost basis is a priority of mine, while delivering on thermo-efficiency and design.  

Their adult sons stay in one room when in residence and sometimes visitors are placed there.