I'm gauging interest in getting out of the desk and back into handyman/remodel work as a vehicle for income, capital, and to get me back out there and closer to the REI world. 

I'd have to run sewer and all utilities to it, as well as do a studs down remodel (it actually has good bones and a reletively newer asphalt shingle roof). 

We did some basic remodeling on it and rented it out. 

@Douglas SpenceYes and many other inspection items such as cracked window pane, paint the outside, changing a perfectly fine toilet supply line, changing a perfectly fine p-trap, trimming trees, etc.

The remodel you did  looks nice and outside detail looks appealing.  

Hi guys!  Can you give me some insight?I inherited a rental a few years ago, so the ROI is infinity (!)  i have the opportunity to turn a garage into another unit, but I'm not sure if this is the best plan from an ROI...

When I started I did not care one bit about Net Worth as I wanted cash flow Properties and the more the better.Now clearly my plan at the beginning worked out just fine but I could be in an even better spot if I didn’t waste extra cash on a remodel that could have been another unit.

I work in renovation sales: primarily kitchen and bathroom renovations, so I meet with many individuals who are looking to put their home up for sale in the near future.From my understanding, there is no such thing as a 100% ROI for remodeling. 

Then we will have to go with the Gas forced unit with the trunking or you could have 2 window unitsBid for remodelingDemo upstairs kitchen and tub and bathroomremove all debris from in the crawl spacekitchen down stairsremove tub shower down stairsremove old wall furnaceremove old carpethaul away all trashWindows and doorsall windows need replaced 14 total, the upstairs windows need to be special glass because of the coding from the building depart for height restrictionsFront door need replacedAll interior doors need replacesUpstairsWalls will need to be removed and replaced to convert to a 4-5 bedroom homeAll new interior doors need replacedPlumbing removed there will be no bathroom upstairsBathroomA brand-new bathroom will be installed with a tub shower, vanity, toilet,an faucets.

It's cheaper to buy an existing fourplex and remodel, IMO.Here's an excellent case study:- https://www.redfin.com/MN/Minneapolis/3824-Grand-A...1.