Slabs under garages are often thinner than under the main house.You’ll need an architect to make sure you have adequate foundation to support the weight and configuration of the new unit. 

Once we were no longer burdened by the heavy weight of debt, we could shift our efforts over to wealth accumulation and giving like crazy.Find your Minimum Required Income Level (MRIM)Now that you don’t have any more “bad debt,” what is the minimum amount of income you need to live on annually?

You will want to weight the pros and cons of each software and determine for yourself where you are headed with your business and the features that you need.

His x-wife technically owned half, but she left town years ago ago and has never contributed to paying property taxes or upkeep.

You can't change out the paneling to drywall as the weight cannot be altered in a HUD-code home.

But don't give up. Keep

In your case Tatyana there are many things you could do to generate income without the headache.1.Triple net lease from a corporate tenant.You get a 8 to 9% annual return on your money and they take care of taxes,insurance,upkeep etc. 2.Lend money to a hard money company for great returns3.Lend and invest money with someone like Brian's company an equity group.4.Invest in REITS.There is risk no matter what you do but there are even more ways than above to get the returns you want,work your job,and spend time and provide for your mother without owning a rental.I just think from what you have posted there is much better choices you could be making.The 600k equity you speak off is not all available from a bank as they will not cash out equity to 100% of the value.You keep wanting to believe in this K person but it is not there.You might want to look at selling that property and getting into something else.You need to do the financial planning aspect of it and see if your purchase or way of investing meets your goal and your lifestyle.Good Luck

Depending on the notice requirements of your state and city I would make sure to get my renewal notice ou the next day Reminding the tenant that starting February first they would be on a MTM lease at this new higher rent (Market plus hassle factor $’s) and that starting that date tenants would be responsible for all hvac upkeep (filters and duct cleaning) and all landscaping (snow removal, weed whacking, mowing, etc) or they will be charged a $100/mo maintenance fee. 

Condos are often less expensive, involve less upkeep (exterior maintenance and landscaping) and are easy to rent out.

My question is this... on any subsequent purchases where I'm pulling more than 50% of the weight, how much additional percentage (assuming 50/50 downpayment) would the other legwork be worth... 55/45 or how would the legwork typically be reflected in the deal.