While the traditional approach involves buying a multi family property, living in one unit and renting out the other - with rising prices and interest rates; others have considered renting out bedrooms as unit spaces. 

How confident are you that you'll be able to pick up something good in the 2-4 unit space? 

The area is expanding rapidly and I could see this property really going up in value as there is a very limited amount of buildable space between the mountains and the ocean, so I see this as a great investment and I would love to keep it.

I also wanted to clear up that fact that JWB does not mark up maintenance items. 

I was a self-directed plan provider for 16+ years and have retired from working directly in the plan provisioning space. 

Not really common in the 1-4 unit residential space. 

@Mark Cruse when you retire from your W2, how do you plan on living off your real estate?

If it's in a shared space like a basement that's one thing but if it's in an occupied unit, that is something that may not be allowed in your jurisdiction.

Tools like this helped us determine that retiring in the Memphis Metro area was good for us and has helped form our investing strategy, mainly SFR and some commercial spaces (flex, studios, small office).

Most folks overestimate the cost to prepare a space for MTR, but you'll figure out cost-savings and improvements with every iteration.