The property has only one entrance with a staircase connecting the floors.

If your apt is like the one I just rented, it will have a separate entrance where no other tenants come in or out.To me, I'm very lucky to have such an extraordinary portfolio of properties that are attractive to tenants that now want to be in low density buildings.I suspect that this trend will continue and I certainly don't think that this will be our last Pandemic.Also, when I look at price point, while the current comps are important for the Mortgage you are looking to get, I generally care about what the price will be in 10 years from now.Who cares if you buy a property for $1.6 Million if it's worth $3 Million in the next 10 years?!

It sits on a corner lot, has a large back yard and separate entrances for each unit.

Purchase price: $84,000 Cash invested: $150,000 The property is a detached duplex with separate entrances for each unit.

Location and potential upsides with finishing basement with separate entrance and making it into a duplex.

Location and potential upsides with finishing basement with separate entrance and making it into a duplex.

I wonder if there's a proper way to rent out rooms or "units" without having to chop up the house and adding separate entrances and meters.

Some very low barrier to entrance options are Sun Communities and Equity Sun Life Properties.

Bottom basement unit is above grade, got separate kitchen, bathroom and entrance.

Then it maps the properties out, and looks for areas (micro-markets) where the entrance (4 sale) overlaps the exits (sold and/or rentals) and combines them to define the micro-markets where profits and cash flow can be made based on the minimum profits and/or cash flow required.Second Packages are based on projecting the financial requirements needed over time and at specific timelines in the REI Plan (the 3rd Package) using a number of different strategies (alone and combined) to achieve the criteria dictated by that REI Plan.