If you want more accurate information, ask a realtor to pull you comps for a rental house with similar square footage, beds and bath located close to the property. 

.- the realtor (who represents both buyer and seller here), listed the home at over 15% above the actual square footage.  

The appraiser, instead of counting the second stories square footage, included it as an extra, such as what you would do for a casita or a pool and adjust like 15k.   

The one thing we sorta-semi-partially agreed on was that a house-hack might work... at least then if you're losing a bedroom or some square footage, at least you're building your empire at the same time!

and also the square footage?

yes i have the downpayment, the bank requires a 25-30% down i was thinking about using the loan for a flip i found a property for 65k it needs about 25k in repairs and houses in that area sell for $150-180k and some for even 220k with similar square footage im thinking to grab it fix it uo and worst case  scenario sell it for $125k thats $35k profit im assuming $25k in repairs bc the contractor said about $15-$20k and u never know if something pops out

RUBS you may not even need any equipment as they just ratio the water bill based on either a percentage of the water bill each month, square footage of each apartment, number of people in each apartment, etc.

@ross ribI would recommend you contract an architect to do a feasibility study first so you can have an idea of a general site plan, how many units you can fit and at what square footage, etc.

We bought a house for cash in Jan 18, 150K  , we rehabbed and added sq. footage.

Due to peaks in the roof, square footage is difficult to measure, but I believe it to be over 100 sq ft at areas with the ceiling over 7 feet.It is currently unconditioned space, so I was thinking of adding baseboard heaters.