I have been drinking through a garden hose for months learning as much as possible on all things RE investor related.

a few days late since i am super busy with the current rehabs, but closed on #19 on thursday night. worked on it for awhile with the listing agent and the brokerage. they apparently have a great relationship with the feds and kept trying a few times to get the best price. about a month+ ago, it was listed at 72k, i believe. then a few days later it dropped to 64.9k. i offered 52, but they didn't take. they said they had another offer. then i offered 55 and stuck to it 3 times in a row. they said best they'd do at this time was 55.5, so i took it.it's in Garden City, but on the border with Westland. it's on a cross road (one that goes between 2 major roads, so that will push some people away. numbers look like this:purchase - 55.5krehab - who knows, after 18, i still can't estimate properly, but i am hoping $20k at mosttaxes - $2,500rent - average rent is $1,000the problem is that i am out of money right now and can't touch it until i am done with the latest 2 rehabs. i might do a little here and there like demo and cleaning up the yard of trees and such, but no major installs until we are done with the latest 2.my goal was 20 a year ago. i am close, so i just need a new goal.

For me personally it is 3 minutes to Red Rocks Open Space, 5 minutes to Garden of the Gods, walking distance to Bear Creek Park, and 15 minutes to all the other major trails.

This scenerio is only ideal if you are already friends with the renter though.I was surpised at how much we actually enjoy having a friend living in our garden apartment.

It may be worth it to just block off access for one unit, or split it awkwardly and have it primarily as a "dog run" or garden type area than a true backyard for either tenant, but definitely do away with the common space as soon as finances allow.

I suggest you take a drive to visit local botanical gardens.

Selling the garden apartment wouldn't require any more than the usual hurdles.

The house its self has had a complete renovation of the exterior and garden.

(the bottom unit is set below the street level although still open all the way around so not a true garden unit).

Due to the moisture, moss grows easily on the north side of structures and many homes need sub pumps to keep basements from flooding.