For a 12-foot wide house, you are probably looking at less than 1000 square feet above grade and it will be tough to get 3 decent-sized bedrooms in that space.

It is a legal 3-family house-hack with $4538 in gross rents with all units rented ($3638 living in one of the units and renting a bedroom out).

My wife and I just purchased a home in Salt Lake City with a basement apt. that has three bedrooms.

Key criteria for a successful SFH househack:Suitable zoning criteria, i.e. room rental laws (county by county)Within 1 mile of hospital, major company HQ, public university, and private university (to attract 20-somethings)At least half as many bathrooms as bedrooms (i.e. a 4 bed / 2.5 bath could work, but 4 / 1.5 could get sticky)Plenty of driveway space / street parking (1 per roommate)Plenty of kitchen space (since the kitchen is the most occupied room other than individual rooms)Basement or side entrance entry point (i.e. if you wanted to turn the basement into your living space, you could enter from a side entrance)Un-involved neighborhood community (cul-de-sacs can be the worst spots)Turn-key quality (i.e. you won't need to fix much of anything when you move in)This list is by no means exhaustive, but things to think about when you work with an agent on a SFH househack.

The house is a two bedroom one bath, with a full basement. 

Planning on about $15k renovation costs. 2 bedroom that should rent for around $700/month.Looking at a second next week.

I have tried and done a lot of things and learned from my many mistakes, let me share a few concepts, even though you won't like it, I hope it will help.So, when you look at the economic model of a 50k property, it's not only bad business for a bank, it's also bad business for the investor, for a number of reasons.Tiny 2 bedroom homes have a really bad income to operatingexpense ratio.

Neither of those rooms were described as a kitchen or a bedroom but in speaking with the realtor she says there is a c/o application in for the second building.

It is a 3 bedroom 2 bath, 16 X 70 roughly. 

Core luxe flooring.Sunporch- Core Luxe flooringSecond floor bedrooms- Core Luxe flooringMain level- sand, stain, poly all floors.Wall Paint- warm gray family. 1 shade darker in bathroom.Trim- pearl whiteCeilings- Coronado flat whiteClosets- flat whiteI’m also going to paint the exterior of the house, what color do you recommend?