Just keep in mind that condos still have HOA rules and fees, which can sometimes limit rental options or add extra costs.

As you know bedrooms are worth more to appraisers than an extra living room.

However, it can come with extra costs for setup, maintenance, and potentially higher interest rates on loans.

@Mike Sfera, a few things about putting EXTRA money down on a property:1.

This way it’s no up front out of pocket expense for me and they then have the extra money to spend as they need it.

I would only do it if you need the extra $3k cash flow this year less the cost of doing the segregation.  

Quote from @Trent Reeve: Quote from @Bruce Woodruff: Quote from @Issa Joseph: I DIDNT GET IT LOL for now my business plan doesn't support this purchase but an extra 10k per unit per year profit is significant growth in revenue But ask yourself - how much of this $10k increase (remember alleged) could you gain yourself by doing research and asking questions on this forum.......? 

If the plumber has to work 2 extra hours because of foolish clogs, oh well. 

My guess is that the promotions feature will turn into a variable commission model in the future (20% Discount, Airbnb offers 10% to the customer and pockets the 10% in extra Commissions).

I will also note that the RC zoning district allows for quite a few extra units so you would get the best use out of your land by building a quadplex or something like that.if you are interested in going forward though I work part time at NOLA builds in town and they do great work for construction at all levels.feel free to reach out if you have more questions