I offer realtors a higher commission or a bonus incentive if you will for bringing me off market buyers prior to me putting my flips up for sale.

Also, as a bonus, anyone know if you need a permit to add an air pressurized wall to increase the # of bedrooms in ATX?

Live-in flip allows you to stay safely between the lines with the added bonus of learning some handy work.

One thought I've had was to list it as a 1br with a bonus bedroom.Any and all constructive feedback and advice is most welcome!

Bonus when this does work out for the investor we sold the home to he will be chomping at the bit for the next one.

I would budget for at least $400 or so annually with a high deductible, if it's less than this that's just a bonus for you--but certainly make sure you're getting good coverage.-10% management fee is pretty standard in the market, and many managers have a minimum price per unit threshold that this may not meet so you may even be paying more.  

The same goes for any bonus portion of your compensation...won't count for the first 2 years.

@Robert ArquillaJust some more info: The main reason for the post is about possibly turning the bonus room on the second floor into a bedroom and adding a bathroom to change the house from a 2/1 to a 3/2.

.), the only way is to get in there and get real facts. past that anything that's been in a rental for 14 years, is most likely torn up. i wouldn't count on upgrades from 2005 to retain value. not saying it's not possible, but i would start from scratch and then add the upgrades in only after inspection and as a bonus only. if i can help in any way please let me know.

You can listing to a mind-blowing chapter of it on the Podcast episode 353 and a half (titled: Bonus Audiobook Excerpt: The House Hacking Strategy)If you'll use this upcoming move and planned purchase of a home to purchase a home that works as an investment, you'll have one of the most efficient and easiest on-ramps to investing that I could wish on you!