Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.

I just added laundry to a unit and need to update the lease with a laundry line item.

The advantage of a partner is providing something that one could not get on his/her own.

That is the one thing that will take what you learn here, on podcast, and in books to the next level.

@Mark Ross  don't include heat in rent on an ongoing basis. 

They are all on a month to month agreement and have all been there a year or more.

@Dorian Gray - I think part of the answer to your question depends on the likelihood of needing more funding in the future and if you have another plan to slowly build up reserve funding.

I am reviewing the spreadsheet on bigger pockets on how to pick a market to start investing.  

Is this a bank-owned property on the MLS or is this from a wholesaler?

I have been doing the anakysis on several rental properties and saving the results.