I'd suggest talking with our friend Mette and taking a look at there modern home cost guide http://aamodtplumb.com/Modern-House-Cost-Report

As was mentioned, the idea is to increase living space.  

Sounds like you've got the right background to become very successful in the multifamily space. 

My wife Carly and I were just married at a rental property in Reunion, Florida last week, and between Disney and Universal theme park visits I picked up Robert Kiyosaki's Rich Dad, Poor Dad.  

I have a double level garage that is pretty new and has about 750 sq feet of living space.  

A listing agent provided him with a brochure stating the house had 15,000 square feet of living space, but county records said the residence actually was only 9,434 square feet.

I ask a number of questions like what is space rent, what are other expenses like garbage, water, and electricity.

theme=Crim...Also, look at hotpads.com for active listings of rentals and or hit me up for CMA's on properties... 

Maybe what you think is sketchy is actually normal in the hard money lending space. 

I am able to build 2 units roughly around 800-900 sq. ft. which is about 1600-1800 sq. ft of livable space which I am able to find market comparables but obviously without the same lot square footage.