@Zachary Jensen if you dont raise rents a few percentage points, you will find yourself substantially under market over time.It’s not a greed thing, but you’re likely going to sacrifice the capex savings rate with the increases your not realizing, and then replace a roof or do foundation work years from now at higher costs-dipping in to your pocket for the repair.That’s not a horrible thing for a house hack, since it’s your living space too, but over a handful of properties over a decade or two, you’re turning a positive return into a neutral or negative return, which is not how successful businesses are ran.

He is crushing it in that space.

There should be some runway in this space and opportunities.

Now, that 4/2 is a bunch of extra space that a single person does not need, it's just extra crap to clean/maintain/etc.

It just seems like such a waste of space in the room, would only invite bacteria on the carpet, and is an unnecessary area for possible plumbing problems in the future.

This is especially the case if you downsize from a house to a condo or townhouse because, not only would the space be smaller, but because HOA’s tend to take care of exterior care.

Doesn't come with land like an SFH.Id be subject to an HOA that can change policy/ raise fees at any time.Pros:Waterfront space is a scarce resource which could lead to better long term appreciation.

If you renew them their renters insurance may continue to pay you rent and pay for their hotel space?

It will also require much more work than just making two livable spaces.

Same thing for a family of 3 renting a 2/1… new baby… need more space.