Each unit is 1 bed 1 bath with a storage unit on the side with it's own entrance.  

I've seen clients live upstairs and rent out the basement on Airbnb, so you get the best of both worlds, privacy and your own space while the lucrativeness of Airbnb, so you can definitely live for free or close to it with this strategy, but you have to know which areas allow Airbnb after you move out, and it is a good idea to have a 2nd option if the city or county changes their policies and you Airbnb anymore. 3) Combination- you can easily do both strategies if you find a house with a walkout basement or separate entrance to the basement, and if you are willing, you can Airbnb the basement and then rent out the rooms upstairs.

Two considerations here maybe would be to look for properties that would be accessible via separate entrances and conversion maybe.It might be possible to find a mix used property and change it into fully residential- but this will all depend on local zoning laws.

ATT/DET/Conversion, private entrance?

Has a separate entrance and has helped to lead to other investments.

I could offer basement washer/dryer (1st floor tenant wouldn’t mind till he leaves, hatchway entrance, may be an increased liability however.2.

Also straighten photo #6.2) You have in your list of amenities that there is a private entrance. 

Good morning BP, I am wondering if anyone has a reference for a contractor able to excavate and modify a basement in order to install an external entrance into the basement.

The basement is shared with another tenant but the only entrances to the basement are through the apartments. 

The goal is to house-hack for a few years before turning it into a two-unit rental.Viewed in that light, here are the results of the deal analysis when financing 95% of the $381,000 purchase price: If the appraisal comes up short (which is likely), here are the results considering the max $25,000 cash over appraisal it took to win the bid: Rent-to-price: 0.58%Property details:Single-family home with mother-in-law in basement2 bed, 1 bath, 1 kitchen up and down2 car garageShared utilitiesShared heating, cooling, and water heaterShared foyer at rear entrance, no front-entrance for downstairsSingle mailboxR-2 zone (multi-family)Built in 1933Nice upstairs with loads of historic charm, livable downstairsNeeds ~$5,000 in updatesInspection found no glaring issues, but it does have a mixture of new wiring and some ungrounded knob-and-tube (added insurance costs)New roof, furnace, and a/c in last 5 yearsWater heater 14 years old5 off-street parking spots (only really usable by one unit)Not ideal, but workable and a decent return which we're grateful for in this market.My biggest concern is being unable to use it as we intend.