The property has a 3/1 block main house with a 1 car carport and a 2/1 block cottage house in the back yard with it's own carport and potential separate alley entrance. 

I am interested in buying and holding with low money entrance being my focus.  

My long term goal is to be able to live on a part time job at my current workplace (2-3 days/week) and be able to live the rest on my rental properties.

For example, if you have an in-law suite with a separate entrance, you're not allowed to rent it short term.

Educated at Yale and Princeton and an innovative thinker and leader in New York's real estate community, Alex Cohen develops strategy, advises, manages and analyzes commercial office, retail and mixed used acquisition and lease transactions for tenants, landlords and investors.With a background in urban planning, 15 years of commercial real estate transaction negotiation totaling millions of square feet, extensive real estate experience in launching international brands in the US and deep expertise in the marketing and repositioning of mixed use real estate, Alex Cohen's unique perspective allows him to: - Identify markets and buildings and plan space configurations with the potential to attract and retain Millennial (and Gen X) talent to drive business growth - Develop branded office building environments that incorporate important new technologies and trends and establish flexible and activity-based occupancies critical to the Workplace of the Future - Position real estate assets to attract the world’s leading brands to build centers of collaboration, creativity, experimentation and consumer retail interaction.

If we base the purchase price on total income it would be twice as high.The true beauty of buying apartments is that the income after paying expenses determines value.It’s all about the numbers. this is an amzing rundown. since we are seeing interest rates climb I think adding in exit caps might be a benefitial thing to consider, because your exit is someone else's entrance. 

Our intention was to find a BRRRR property that we could move into (so we only had to put 5% down) had a separate entrance to the basement (for a mother in law), and something we could put sweat equity into.

Originally posted by @Kevin Harrison:@Douglass Benson wow. ok well thank you for taking the time to comment.I know that it sounds draconian, but when we market our buildings as "Non-Smoking" buildings, it loses the luster, and makes us look silly and not trust worthy when there are several folks in their cars or standing around the entrance to our buildings smoking.  

playing detective, and piecing together the puzzle, good work..that's the fun part...if its across from the entrance to the Nat. park i wonder what the vrbo numbers would be on that...let me know how much work it needs, Im ready to offer.....Im standing by....i can help with detective work as needed too.....

*This is more important if you're "renting by the room" with roommates than if you're "Renting by the unit" in a multifamily or a single family with your own private kitchen and entrance. 4.