I'm putting together a lease to rend out my carriage house - attached dwelling unit but separate entrance from the main house.  

Before the court case was completed the buyer or an associate went in and removed plywood from the entrance of the property and replaced it with a flimsy door, without the knowledge or permission of the seller.

The basement/garage has it's own entrance. 

The strategies used for every property have more to do with what you're next entrance strategy is, than a pure "profit vs.

This is someone looking to get into real estate investing that has good credit (can qualify for their own 5 mortgages), but no cash...and most likely no time to be an investor.5 - Repeat steps #2 & 3 with them...with you providing the "Entrance Strategy" (the cash IN), and you new Credit Partner providing the "Exit Strategy" (the refinancing to get the cash out to re-use)6 - Split the cash flow and any future profits if house is sold.7 - Repeat step #4 - 6 as many times as you can find Credit Partners.8 - After the last refi, whenever that would be, you refi you (original) cash out, never really ever "spending it"...just using/moving it strategically.The answer to your original question of "How many homes can I purchase", is an infinite amount with limits based on available homes and available Credit Partners.Joe VilleneuveREcapSystemA2REIC 

The home has everything set up for 2 apartments ie two kitchens,  4 bedrooms, 2 baths,  2 furnaces,  4 entrances and everything is above grade.

But they do not have onsite management or security gate at entrance.

I'd think as long as you have a new entrance installed meeting local inspector's requirements and you've properly disconnected from the residence's main panel... it shouldn't be an issue.The next step would be to install a submetering system similar to:http://www.amazon.com/Leviton-2N208-21-Sub-Meter-Series-Element/dp/B004KS0KYY/ref=sr_1_3/180-3176918-8953704?

Hello everybody!I've always wanted to use that word ever since I learned it in high school. Was surreptitious part of anybody else's weekly vocabulary words? Although I've completely misused it, I can humor myself now...

Sample Project PlanDescriptionStart DateCompletion DateFinalize Architect, ScopeGet Bids and Finalize on contractorsGet Requried PermitsKick off RehabDemolitionBathroom FramingKitchen FramingPlumbing rough inElectric Rough inInitial Electric and Plumbing InspectionDrywall and tapingPainting Drywall workFinish work (Install Cabinets, Bathrooms etc)Painting & FlooringFinal InspectionSample Costing SheetDescriptionVendorLaborMaterialPreparation/Overall/General WorkElectric panel upgradeAppliancesHardwood Floor Refinish (Remove Carpet, Refenish wood) and install base boards/TrimsWindows All over the housePainting Whole House, Re finish DoorsRoof Fix upDemolition Work whole houseLiving Room/Dinning RoomInstall new Tiles in EntranceInstall LocksRefinish the Entrance ClosetRepair/Change Screen DoorChange Entrance LightChange Dinning Area LightReplace all vent covers and return CoversKitchen & Hearth RoomDemo Kitchen, Remove tiles, Remove Wall in Hearth Room, Open up Pantry for Refrigerator, Remove Soffit, Necessary Repair and finish up Drywall etc.Kitchen CabinetsGranite Counter topSink/FaucetsBack SplashInstall tiles in Kitchen and Hearth roomBathroom 1 (Master/Old)Remove tiles wall and FlooringNew Vanity, toilet, Mirror and Lighting, Bath tubRehab TeamNamePhoneResponsibility/OwnershipPlumbingElectric and Bathrooms and bedroomsDemo, Other BasementKitchen and HearthroomPainting and RoofingWindowsLandscapingArchitectFlooring