It just seems like such a waste of space in the room, would only invite bacteria on the carpet, and is an unnecessary area for possible plumbing problems in the future.

This is especially the case if you downsize from a house to a condo or townhouse because, not only would the space be smaller, but because HOA’s tend to take care of exterior care.

Doesn't come with land like an SFH.Id be subject to an HOA that can change policy/ raise fees at any time.Pros:Waterfront space is a scarce resource which could lead to better long term appreciation.

It will also require much more work than just making two livable spaces.

Same thing for a family of 3 renting a 2/1… new baby… need more space.  

You are definitely in the right space to continue learning and getting started with real estate investing.

So if there's a property A, worth 500k; and generating 10k cashflow; property B is worth 800k and generating 15k cashflow positive; I'd still go for property B.I didn't include SFH because I don't need to buy a super large house and not be able to rent any part of it (I am not keen renting it room by room or sharing common spaces).

Also, does anyone know if these policies cover if you are renting out the space or not?

All:  How would you compare the relative security (of your investment) for a warehouse/logistics center with office space with a national tenant like OfficeMax, Staples, or similar with a NNN lease with several years left and renew options; vs. a large 100-200 unit multi-family with decent occupancy in a good area?

I called our maintenance guy and he went over there and found the issue down in the crawl space.