These are sometimes referred to as in-law units or granny flats and they are not new to the commonwealth but a favorable ADU policy has the potential to add over 10,000 units and offer homeowners a potential source of income.As a lifelong house hacker, my wife and I immediately recognized the potential of this 2-story garage in the back of the property.

Potential refinance in year 2-3. 

I do income potential reviews for clients all the time, every market has subtle differences but these are generally good indicators. 

Of the 10 tax liens they sold to me  only 2 have any potential of a return and then only if I spend more money to go through foreclosure on the property. 

I've hard more than one discussion about it and he says sorry and asked if I wanted to share the costs of a fence.

@Rob Ibarra Converting non restaurant space into restaurant space can be fairly costly from what I understand due to the need for larger than standard water lines to service the building and a general need for grease traps and other restaurant specific infrastructure.My first question around going from abandoned auto shop to kitchen is zoning, could you even get the use approved, and then are their any environmental factors in play? 

Partner Driven was attracted to the Preston St property due to its potential for significant value increase with minimal investment.

If you use AirDNA you can see true revenue versus revenue potential and a lot of comps I look at have considerable blocking.For my clients, may are truly second home buyers who do plan on occupying the property part of the year. 

On the one hand, doing my taxes myself helped me to understand the rules and processes better...on the other hand, you don't know what you don't know, and sometimes those mistakes can cost you a lot of money (in my case, more than hiring a CPA). 

Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.