Or some other configuration (They might do the purchase but you do the rehab).

These take a little more in configuration on the front-side. but well worth it for me being free and all.

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.