Are you planning on restructuring the existing layout into a more open functional space to add value?

The in law suite is fully functional as a stand alone unit (kitchen, bedroom, living room, bathroom) and is separated from the unit 1 by an interior door that locks and has its own exterior entry.

To give more of a visual of my question my primary focus right now is SFR's and I am located in Grand Rapids MichiganThanks in advance -Sam Rockafellow

I'm a visual person and I like to see things with my own eyes for my own comforts.

This area contains old (1970s) housing stock, mostly smaller ranches with some functional obsolescence and a fair amount of crime compared to other places.

Both the revocable and irrevocable trusts serve specific functions, though I find myself using more revocable trusts with my clients.

Kitchen has had an active leak- source unknown- that has damaged most of the cabinets, master shower and tub are non-functional, AC unit needs to be replaced, garage door needs to be replaced.

An average 1960’s property requires at least $65k in rehab to undo functional obsolescence.

However, if you can find a 2/2 with a den or anything that could function as a third bedroom (even without a closet), it can make a difference. 

Purchase price: $375,000 Cash invested: $18,000Converted our Basement into a Fully Functional Apartment- My only regret was that I didn't do it sooner!