Im not a self fixer upper guy, so not real interested in those types at this time.

Just started, selling off market fixer uppers to investors in SoCal.

Being a renovator will give you leg up as a investor. 

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Then red leg partridge hunting for 3’days.  

Example would be for a SFH fixer upper in grandma condition:   $10k for demo and permits and prep, $10k for wall removing and layout revising, $10k for basement framing, $10k for drywall, $20k for paint, $30k for flooring, $20k for kitchen, $20k for baths, $20k for any MEP upgrades, $10k for trim work, $10k interior finishes 

The house has a bit of potential for rental as house Hack as we are planning to live in the upper part and rent the basement.My questions is, is that possible to convert the basement into 1Bed 1Bath, with over in the kitchen and shower?

The basic plan would be to use their services to do the leg work (Advertising, Booking, and managing the event) and then our property would be the location and accommodations.

However, we are still doing deals with our investors either on or off the market, if you want to find those home run deals, you have to do the leg work and find those off markets yourself.

But this time, focus on it being only a fixer upper.