All of the above assumes that the original house needs little renovation work.Before committing with a contractor, make sure that you get with the local town to make sure that you are allowed to split the house and there are no issues that would prevent it (like egress, unit separation, etc). 

I own properties in various towns on the island (including Oak Harbor). 

I would like some input from the BP community on it.GENERAL INFOLocation - Keene, NH (university town)Built - 1900Comparables - $275k+List Price - $214,900Taxes - $10, 500/yearISSUESlegally, it's a 3-family.

If so, you and @George P. are buying the town up :-)  The fact that you've started at such a relatively young age means you'll have some pretty amazing life options a few years further down the road. 

Hey community, I am exploring starting a hard money lending business and wanted to start a thread for all advice on the topic (including what not to do or tools not to use).  

The town does have some decent retail in it.

I've heard good things about Jill from other investors in town.

If not, we could explore down payment assistance from WA State. 

Others in town wrote or spoke out.  

Lovely little town !