Now if I remodel the kitchen, bathrooms, doors, windows and some other stuff I could probably rent it out for $650-$700, increasing my cash flow, specially when I move out.

(We knew the parents so my wife just about adopted these sheltered girls).The OTHER girl's BMW would not start & it was blocking her vehicle against the 2 car garage & she has to get to her Gross Anatomy final (Yep final year pre-med).The wife went over (2 miles away) opened the garage door (no-one ever parked in as they had already lost the remotes) and she was able to drive into the garage & back it out.Same girls called the wife @ 11pm for baking soda to make cookies.

The reason for selling is because the home has been a money pit (major tenant damage) and a revolving door (tenants leaving).

If my cleaners arrive before the guests leave, they have instructions to knock on the door and get the guests moving along.

There is some damage to the home (broken doors, nails and holes in wall, bad odor due to not cleaning (and cats I assume), and destroyed carpets. 

We’re looking to remodel our small kitchen (about 12 x 12, L-shaped), and convert the garage into 2 bedrooms (not an ADU, no added bathrooms or kitchen, just adding bedrooms to the house).  

Most of the time when an investor asks me to help underwrite a property with less than $1,200/month rent coming in per door, they have a couple hundred coming in per month positive cash flow on their spreadsheet and I have a couple hundred negative on mine.

Hi all,I am looking at a potential rental acquisition where the home contains a garage conversion into a room and it is unpermitted.Note that seller has not included this room in the sq footage and i am not purchasing it with the assumption of conversion to permitted.If i were to buy and turn into a rental - is there any liability to renting it out with that unpermitted conversion?

We are turning the 2 car garage into a theater room, redid much of the flooring in the house, added a sauna, etc.

It's on a nice big lot and includes a large metal garage/shed.