Going to put an offer in this week, I may reach out about lending if I can work out a deal with the seller.

It's not feasible for everyone but if you can swing it it'd work out 

Just hoping it will all work out.

In the real estate investment field long enough, we all have losing investments; those that don’t work out as planned, and those that approach the “disaster” state.  

In either case, you have to pay up to 25% on the 1250 depreciation recapture for any rental property and CG on the portion of the proceeds proportionate to the amount of time it was used as an investment, sooooo...things would be complicated and the savings on the second unit may not work out being that great.

Hey Poonam, I took Rich's masterclass back in July and have been doing private sessions with him as well, I've got nothing but great things to say about him.

@Austin Carr I don't know of any local groups who analyze deals in person, but I host a free session each Saturday at 4:00 P.M.

Hopefully it doesn't lead to a lawsuit as those rarely work out for anyone.

Future tenants would likely appreciate the extra storage, and it could make your duplex more attractive in the long run without the hefty upfront investment that a full conversion would require.Another idea is to repurpose the shed into a functional office space or a private workout area.

Although your reviews won't convey, the buyer can have some peace of mind that with future revenue that the first couple of months mortgage are covered while they make adjustments, build up some reviews and work out any nuances they need to.