Here's the rough numbers:List Price - $140kPurchase Price - $155kReno Costs - $25kWe built a wired workshop to double as a storage unit during the reno, also did a full gut in the kitchen.

If you want to meet with many other rental property investors, there is a 2 Day Multifamily Mastery workshop this coming weekend, Nov 11-12, in Knoxville.

So I was thinking of maybe just adding a bathroom, installing drywall, flooring and some windows and calling it a day.Is anyone familiar with instances where folks have leased similar spaces as storage/artist studios/workshops etc?

In amazing luck, the local REIA group was holding a probate workshop and I attended with gusto!

I will be attending one of their workshops tomorrow morning to check them out more in detail.Option 4) Conventional loanEasier process but I would need at least 20% down which I'm not sure I could do on my own.

I have been to numerous workshops, seminars, and purchased too many "Key to success programs".

I got started by going to one of the GURUS free seminar and then a 3 day workshop.

I would like to know the group name also, because I have attended a seminar in which it cost 1200 for the 3 day work shop but if you attend the 2 hour seminar they would only charge you $197.

They have a free two-hour workshop every month.  

We post our meetings and workshops on the calendar here on BP - working on the September 10th MAREI meeting on Rehabbing houses today.We have networking from 6 to 7, and a guest speaker from 7 to 9.