I nodded my head while holding back tears and gave him a big hug in his hospital bed.

The goal is to add a 800 sqft unit (bed, bath, kitchen, and laundry) atop the attached garage with a side entry for rental income.

Purchase price: $85,000 SFH, 850 sq ft, nice lot, two adjacent vacant lots, 3 bed, 1 ba, garage, septic, fully fenced, city water, sidewalk.

I nodded my head while holding back tears and gave him a big hug in his hospital bed.

It is small, all units are 1 bed 1 bath.Thank you!

I think I'll be far better prepared for the next purchase -- this closing has been an interesting one for sure  (the listing agent listed it at 3 beds 2 baths... but septic permit only allowed for 2 baths -- major negotiating leverage on our part.. and especially because the listing agent is the agent broker!

If they're getting $780 for a 2 bed it's likley in a C (at best) area where price per door should be more like $60k

Despite the tenants noting they were going to clean the carpets and clear everything out they left by not even vacuuming the carpets, definitely didn't clean the carpets, left the fridge/freezer full, kids clothing and toys all over the place, and their bed and bed frame (king) still in the room since the screws were stripped and they couldn't take it apart. 

You're trying to lease a car before you have your drivers license.23 STRs here, 83 beds, 1500 previous renters - all are refinery contractors.Paul Sandhu - The Hugh Hefner of the Working Mans STR

Im expecting to put 50,000 into it. 3 bed.