Like someone else mentioned, doing a short term rental in a secluded basement that is very private and walled off is one thing, but sharing the same refrigerator, kitchen thermostat, etc. with a complete stranger seems like it will introduce more problems than what the money is actually worth.

This motel has 16 private rooms, 4 shared bathrooms,  1 kitchen and living room.

Hey Jeff, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

@Alex CollinsAs mentioned by Jonathan Greene.If you're transitioning from nursing to full-time real estate investing, focus on house-hacking in high-demand areas like downtown Indianapolis, Carmel, or Greenwood, targeting short-term or mid-term rentals.

Apartment - asking 450. Can get it for 425Total FeesHOA- 397Taxes- 388Insurance- 157Would put 200-250 k down.Renter in it now pays 2650. Probably can get 2800 to 2900Is this worth the investment?

You will also need wall hangings and art, not to mention kitchen stuff like silverware, pots and pans,

A cabin that in theory would have cash flowed positive almost $1K/month had the kitchen drain go through the crawl space and dump out about 4' away from the house.

For instance, one property seems to have an extra bathroom that is not listed in the county records.I plan to make some modifications, including removing a closet wall to expand a bathroom and taking out a kitchen island that contains electrical outlets and a switch.

Secondly the kitchen could use some cosmetic upgrades as well especially considering the bathrooms look so nice. 

To convert the garage into an ADU, you would be adding a kitchen and bathroom.