Below are the biggest factors to consider when thinking about a basement conversion house hackThe Advantage of Basement ConversionsBasement conversions stand out as a particularly appealing option for several reasons:High Availability: A large portion of single-family homes in Colorado Springs come with basements, making this strategy widely applicable.Cost-Effectiveness: Basements often provide a blank slate at a lower cost compared to other types of renovations or property conversions.Simplicity for Beginners: For those new to real estate investment or house hacking, converting a basement can be a more straightforward and manageable project.Potential DrawbacksLike any investment strategy, there are cons to consider:Privacy Concerns: Living in a basement means less privacy and the possibility of noise from upstairs tenants or vice versa.But remember this is a strategic move to improve your financial situation.

Presently, I have zero properties and am in my research and business plan generation phase.If anyone else has a business plan that they use to strategize across their investments and methodologies for growth, I'd love to see a sample as I build out mine.Thanks!

@David Rollings, if you are desiring to continue in re investing and want to use all or part of this money for investing then you need to seriously look at the 1031 exchange and explore some of the options it might give you to free up cash for personal use and continue to invest in re while still minimizing your tax bill significantly.In your case you have the added advantage of on buyer wanting multiple properties so there are some very strategic ways this could be structured as a 1031 to your benefit.  

Generally municipalities will work well with investors, but this is a very strategic approach...with strict requirements.

Maybe that's not a big deal, but I think there are locations that are more strategic and have better access to amenities and other cool areas in the high desert. 

I'm always looking to do more strategic networking!

Consider factors like seasonality and economic trends to strategically time your listing for maximum exposure and return.3.

While not explicitly a qualifying metric, this suggests that competitive pricing could play a role in attaining the Guest Favorites badge, aligning with Airbnb's strategic push to position itself as an affordable choice for travelers.With the visibility of Guest Favorites already surpassing that of Superhost in listing pages, hosts are faced with shifting dynamics.

BUT you need a strategically optimized website!

I'm looking for a savy, strategic, and helpful agent in the Philadelphia area - who would be a good fit for a first time investor.