Bronx 2-4 family properties sell for an average of $876,000 (~$45K down payment) and values are up 6.1% from '23 to '24. 

For example, can you add a door to a family room. 

It's an easy way to make more money on the tenants who are already staying at the property, but you'll target families and higher end clients who really need a golf cart, giving you higher yields and potentially better clients.

& Last - Single Family Home & 2-4 Units. 

The big issue is building a single small residential unit is the most expensive residential development.Here is a list of why adding a single ADU in single family zoned areas in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Investment Info:Single-family residence buy & hold investment.

.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!

I have been renting out the first home to a family member under no official contract, but i want to establish it as an investment property.

Investment Info:Single-family residence buy & hold investment.

Have any of you done this with mutli-family properties (whether 2-4 units or 5+)?