I’m looking for any kind of guidance here.Thank you, Two separate transactions, I would not intermix the two.They are buying a building solely as cash producing RE.

Hello Kayee, my thoughts on where to invest your 50K is to find an investor-focused realtor, explore detached houses with basements (that can be converted into a separate unit) and research properties near metro stations.

It is my understanding that this is correct and accurate, please correct me if I'm wrong.The second issue is separate.

There is also separate entrances to each floor.What things do I need to worry about if I would like to rent to 2 separate families?

I have had too many friends who were absolutely getting married, no chance of separating, it's going to happen, you can take that to the bank, it's offensive that you would even suggest such a thing! 

Do I need that as a separate line item?

-Do I need a separate business account for tax reasons?

I am looking at purchasing a SFH and renting out a MIL with a separate entrance in salt lake / utah county.

I have found deals where I have put down, $30K, 40K and 60K for down payments on separate 4 plexs with owner carries, BUT, they all needed rehab work to get the rents to double.

(And I understand the prohibitions against self-dealing and having family members, etc. involved.)I sent you a separate message to follow up individually.