Adding additional bathrooms (like a master ensuite) can be a game-changer.3.

Pace is doing great at what he does, selling hopeium like a champ, and filtering out the 1% that are actual deals to make some added returns.

Could have held until this winter and gotten his occupancy up to around 80% and would have added another $500k to the value.Downpayment $310kAll in cost plus loan: $1.3mmSold for $2.4mm; with 250k seller financing for 5 years. 

They are out of control.Yes many times Rad has had job ads up for an “executive protection agent”.

I’m weighing two options for our housing situation and would greatly appreciate your advice, given the complexities involved.1.Renovate and Buy Another Property•Invest to renovate our current home adding a bedroom to the house given our family outgrew the house.

Aside from what everyone else wrote, note that adding units require various steps that you may not have considered (e.g., adding a new street address with USPS, etc.).

Many insurance companies do not allow adding a landlord as additional insured.  

I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

They exist but are far and few between.After bumping the rate to 7.5%, adding 5% to Maintenance, and increasing taxes to $2500, I would need to increase rent to $950 to cash flow.

You can probably beat $2000/year insurance, but the management fee should be 10%, you need to factor in turnover too and 5% is probably not enough for both maintenance and turnover and I assume you added it, but you didn't mention property taxes (which have been terrible in Jackson County lately since Frank White decided to jack them through the roof).