If you're assessing an attached garage, you want to see footers under the walls and plumbing as close as possible, ideally a washer/dryer in the garage or a kitchen adjacent to the garage.Pointer #4: Search the MLS for homes with guest houses, mother-in-law flats, casitas, or whatever other name you can think of.

Here's the deal I'm considering now:Property details:-$650k asking price-Triplex   Unit 1: Studio (currently renting at $1,350)   Unit 2: 1br/1ba (vacant right now)   Unit 3: 5br/2.5ba house (2834 sq ft, detached from units 1 & 2, w/ family room, sitting room, living room, den/office, finished basement, owner-occupied right now)   Total sq ft of all units: 4558-Lot size 0.76 acres (includes the 0.24 acre attached lot)-Year built 1963Pros:-12 min walk from town's artsy/small-town-feel Main st.

Cracked concrete foundation on attached garage and concrete between garage and house.

Costs: Rehab, any expenses associated with filing fees, title company,  attorneys, realtor fees etc.Average rehab 10k, realtor 6% 35k, misc 5k =50k3.Debt attached to the property = any surviving liens like taxes, hoa, violations, violations,  municipal etcNow, subtract the costs and bebt to the final proceed from liquidation.I.e $500k - 50k=$450kNow, we now that your break even bid amount is $450k.This is where YOU come in...ask yourself what is the LEAST im willing to make on this deal?..

Among many things, I look at how the cabinets are attached to the walls, the detail of the plumbing repairs, how flat the floors are, etc.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with an FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

If emotionally attached, they have no desire to leave their home.

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Hi everyone,I recently moved back to the island and browsing Zillow and clasificados online I've notice that none the listing had a virtual tour attached to it.

You are now able to get up to one attached ADU or two detached ADUs on lots that have a single family home or 2-4 unit structure.