Purchase price: $88,000 Cash invested: $8,800 Sale price: $88,000 duplex (2 bed/1.5 bath) "carriage house" (2 bed/1bath) painted yellow, with road stripe yellow trim-- Why santa clause WHYYYYYY?????

Updated the carriage garage and pour a slab.

Updated the carriage garage and pour a slab.

And if you find a property with the right zoning with that MIL suite (be it basement apartment or carriage house, etc.), you might even be able to rent both top and bottom when you leave. 

We run a licensed short term rental on the third floor as well as in our detached carriage house.

New Orleans for example, is one city that has many of these rooming house types of situations where owners live in one area, typically an addition or carriage house, with the larger main house subdivided where tenants share main communal areas.   

If it were up to politicians, we'd still be riding in horse-drawn carriages in order to protect the class of buggy-whip manufacturers. 

The term house hack originated and generally refers to renting out excess space within one house like a basement, extra room, carriage house over garage etc.

There is also a carriage house in back that is currently rented and has a tenant for $550/mo. 

RU6 allows for 2 residences, either single detached, semi detached, duplex, carriage house or suite in residence to a max of 2.5 storeys. https://www.kelowna.ca/sites/files/1/docs/homes-building/housing_zones_quick_reference_guide.pdfRU7 zoning is a fairly new zoning bylaw that allows for 2-4 unit structures being built on one lot depending on lot size.