For example, an SFR turned PadSplit will be appraised as what the asset's highest and best use is, which is an SFR (or at least in the opinion of the capital markets it's the highest and best use).

Make sure it is somewhere easily accessible that doesn’t require any tools to turn off.  

I just turned 55 and have 33 rentals and 135 storage units.You may be better off buying as many properties as possible for the next 5-10 years, then paying them off, starting with the smallest mortgage and working up to your largest.

We've tried to go here a couple times already but got turned off by the fact that there's nothing to do there as a family. 

Building engineer investigated and reported they did not turn on the blower fan to the convector!

So a huge amount of turn over FICOs around 600 for the entire market ..

The only people I know with LLCs have turned real estate into a business and own over 20 properties. 

@Alyssa LakeIt depends upon many variables, such as age, condition, location, the amount of capital you need for repairs and unit turns.

It is possible to achieve better returns, but this property has already produced outstanding return and requires little effort for this return.Good luck

So, at the end, the house should turn into a 5 bedroom (2 of which in the basement) and 2.5 bathrooms (3/4 bath + 1/2 powder room), and 1 full bath in the basement.