If Apartment A is a 2-bed/1-bath with a washer/dryer and Apartment B is a 1-bed/1-bath with no washer/dryer, Apartment A should pay a higher rate.

So the seller cannot go get another loan for a car, house, apartment, etc. so it damages their credit by stretching them too thin.Am I missing something? 

Networking with other investors can provide valuable insights and support, helping you to navigate the often complex landscape of real estate investment.Remember to factor in potential risks and have a contingency plan in place.

There's obviously opportunity here to build this out and turn it into a basement apartment, which I think would cash flow because of course there's no mortgage. 

In terms of the illegal 1 bed cottage... so this isn't uncommon in my neck of the woods (NYC) in terms of something similar (basement apartments, garage apartments, etc.) 

Is it better to diversify your portfolio in one geography, tenant base, style of property (SFH, Multifamily, Apartment).

From my research, I'm seeing $100-$150/sqft depending on complexity and material.

If i were to purchase a 6 unit apartment for $280K, which fully occupied is roughly $5,050 a month.

I'm excited to be a part of the Bigger Pockets Forum and look forward to learning from the community.

Many of the townhouses have basement apartments.