Since comps are limited, analyze similar nearby locations to estimate demand.When pitching investors, focus on a clear business case: expected income, expenses, occupancy, and ROI.

As the cleaning company continues to grow, I am looking to invest in real estate to create more passive income. 

A lot of our housing stock here has finished basements or in-law suites, so with something like that you can generate significant rental income for an inexpensive conversion. 

I made so much more income without them.

It's a good way to marry rehabbing distressed real estate equity capture with long term note income for retirement accounts for those that are interested.

If the way to increase the selling value of a MFH is to increase NOI by increasing income or decreasing expenses; why are the majority of sellers putting their properties on the market with under market rent?  

I would apply the cash flow to pay down the debt and hope to have significant passive income (or equity to put into something else) in 10 years.

Renting part of the home after conversion provides additional income and deductions.This post does not create a CPA-Client relationship.

Raised properties income from $2400 to $4300 and living for free in a massive 1600 sq ft 3 bedroom.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”.