If that doesn’t work, requesting a second appraisal is a calculated risk, but the potential upside might justify the $1,000 gamble.

View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

If you are planning on living there (ie in 1 unit) then you are house-hacking and this is a different calculation consideration then renting out both units and making it a true investment.

Then you can pretty easily calculate what the holding costs of that home will be and when you'll have to replace those systems.

You are best off to raise the rent and give the tenant the option to stay.Also, I hear a lot on here that "rents should be", "the potential rents are"... make sure that you do your due diligence when calculating potential rents because most new owner OVER estimate them.

I would calculate this as a 6 month period of interest to investor to be safe. 3.

You cannot calculate rent by subtracting off the rent of the ADU.  

What worked for him.. and could work for you.. is taking a calculated approach by "house hacking."

Utilize tools like BiggerPockets for resources and calculators, and consider creating a simple spreadsheet to track property details, budgets, and timelines.

As its interest is actually calculated daily.