Maybe its worth something to a commercial tenant, but then maybe its not currently the best configuration for commercial.

Account ClosedBefore you even talk to your neighbor, you will want to do some basic homework on this property (configuration, size, size of lot, rough idea on ARV, etc, etc).

I've seen a couple of houses in this configuration, and many have put up a wall filling the arch, turning the front of the room into a bedroom.

In order to avoid such practices, we based our investigation on a specific area (see the map below) with a specific configuration: 3 bedrooms 2 car garage, 1,200 to 1,500 SqFt.Property PricesBelow is a chart showing the monthly average $/SqFt sale price between 2008 and 2014 by month for conforming properties.

Don't waste precious energy on trying to configure something that just isn't there.

The one with a separate basement unit came to us in that configuration and I am contemplating "undoing it".Since those acquisitions, we have made a point to avoid basement apartments.In your situation, I would side with your husband and look for a duplex, triplex or quad on which to deposit your 50K.Down the road, if you look to move out of our house ... sell it ... or, if you are inclined to keep it, rent the entire house (w/ basement laundry & storage) for 1600 - 1800/mth.

.- Purchase price $330,000 (originally listed at $400 spring of 2012)- ARV breaks down as follows: There have been no sales of the same configured units below $400,000.

Other configurations are possible.

We know what's important to us in terms of basic floorplan (open, big kitchen, large master suite, flexible configuration in terms of rooms, etc).

You guys could have a yard, a basement and just about any space configuration you wanted.From an investment point of view you could get 2 or 3 new rental incomes:1 from your current house1 or 2 (or 12 for all I know) from the new residence2 years (well, 2 sets of tax returns) from now you can use the rental properties as real income.