Here’s how this typically works in commercial real estate:1.

Does anyone have a spreadsheet formula for this?

This is due to the  increase in mortgage rates and house prices.Pros/cons as I see it:Pros: two appreciating assets versus one; as rents rise, we’ll make more net income.cons: less cash flow, double capex, double maintenance.Anyone mind letting me know your thoughts?

You’ve joined a supportive and knowledgeable group, all here to learn from and help each other grow in real estate.

Needs electrical, plumping, windows, etc What made you interested in investing in this type of deal?

You can also find a mentor to help you do your first project. 

I realize that I probably need to hire a financial expert to truly assist me with this question, but I’d like to ask the community how they’d look at this situation beforehand because my wife and I are relatively new at all of this.

Quote from @Jared Galde: We own 50 sober living homes, obsiously this was 7 years ago, but I've closed all of those homes in the past 4 years.

The taxing on marijuana should help us continue to hit the thresholds needed to keep dropping the income tax to zero.

If so, any law firm or agency you can recommend to help with this?