Purchase price: $142,500 Cash invested: $15,000 fully occupied, needs some updating, new roof soon, figure out porch thats not being used and falling apart, would like to convert attic to a third unit studio What made you interested in investing in this type of deal?

I am a sound professional who has built several recording studios and a sound wall between 2 tenants on a house hack I have most contractors have no clue how to do this correctly and definitely not any drywall contractors I have ever heard of. 

I owe 6 studios and I’m currently renovating them to do short term rental. 

I don't know if it is called "efficiency" when you have a studio within the unit (without a new construction outside the property) B) Or, do you apply to the city for converting the duplex into an official triplex (replacing the door with a dry wall)?

For that reason, we don't have an audio version off that one. 

On our second house hack, after building the ADU, my wife and I moved into the studio ADU and rented out the main house.

I’ve previously posted about converting my garage into a studio ADU.

Since I've never dealt with previous tenants, I'm looking for some advice on the best way to move forward...Unit 1:- Studio Apt- I did a walkthrough last week and spoke to the tenant; he mentioned the only issues he's had in the past year and half is that the cold comes through the windows- He and the owner both confirmed that the tenant is month to month and paying $750, but so far the owner has not provided a lease.- The owner did provide proof of payment, and rent is confirmed $750, but always a few days late...Unit 2:- 1 BR- There was a language barrier, she didn't speak english, and I think she was afraid to open the door so I didn't get to tour it.

Distance from hospitals, property size (studios and 1 bedrooms probably do best), amenities like black out curtains and other comforts of home.Last thing I'll say is don't target just one MTR tenant type.

Base your decision more on the numbers and don't worry as much about what type of property it is.Here are my random thoughts/recommendations for multi units vs SFRs:For multi units, stick with studios. 1bed, or 2bed units.