That's what I was told about trying to rent out room by room or the downstairs unit (if I were to put in a kitchenette it would function as a studio apartment) with the house being considered a multi-unit.

If the existing layout is not conducive to the plans (for instance, if you have to remove a load-bearing wall and engineer new structural support, or if it's not possible to add a br or ba without messing up the flow and functionality of the house), then it might not be feasible and could end up costing far more than it produces...Also, if this is your first property, I'd suggest against a flip.

A property's tax bill would increase as a function of roughly two things multiplied together:1) How much that property's value has increased relative to other properties in the same jurisdiction.2) The overall increase in the jurisdiction's budget from year to year.If your value is going up in dollar value but percentage-wise it's roughly the same percentage as everyone else's property the main relevant factor is #2.

When I’ve tried to buy property with two houses on one parcel previously, the bank required that one not be functional to consider doing the loan (so, if it needs a huge rehab, no toilet, etc).

I have just purchased a laptop recently because I did not have a functioning one previously.

For me I think it's less a function of time and more a matter of how much interest is coming in through other channels.  

If your house is fully functional I would not cancel.

Hi All, Currently looking at a mobile which would be my first ever mobile home purchase, so im new to the scene.Property Information: 3/21404 sqftBuilt in 2007RenovationsNeeds New Front and Back StairsNeeds pet odor removal Needs new flooring I was going to rip out all carpet and install LVP, if we move forwardNeeds some minor Drywall and Paint While at the home all MEP was on and functioning Looks like the seller has a cititation posting due to them not taking care of the lawn. 

.#3 like said;  a good deal is a function of details unique to you and your goals.   

I’m starting to market to off market properties, but plan to do so in my function as a real estate agent and basically just charge a commission and represent both sides.