Rick Basement square footage and room count are typically not counted on public record but in some states agents list it or are allowed to list it. 

I'm not sure if you are planning to buy more, but I think if she becomes an agent then her time looking for properties would also count.

I was in a leased building, counting on a hand-shake deal to buy the property in the future.

Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

It's people like you who cause folks who would actually benefit from an ESA to be painted with the same broad scammer brush. 

If it's net positive, then make sure to do it up to code, etc so the finished square space can count.

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

Hi @Kenzer Hodgson to @Sarah Kensinger's point above, I'm not a fan of so many people spreading legal advice/insight on the forums, but at least it's better than Instagram/Facebook and YouTube. 

Compare other rentals with a similar size, location and bedroom count to get an estimate of what the rent would be while you're living there.

The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney).