I will continue to handle all other aspects of management.

It is a good community to network and learn about all aspects of real-estate investing.

My husband and worked in the vinyl Siding business and roofing for a while now.

What I discovered is something I have never seen anyone speak about on Bigger Pockets (I am sure someone has discussed this I just have not seen this idea discussed at all...or anywhere in my short research period on cash flow and real estate properties.We hear everyone speak about Cash Flow, NOI, Cap Rate or Cash on Cash returns.. however I think there is another important benchmark for investors to consider when deciding their down payment percentage and financing levels because of their effects on cash flow...Capital Cost per $1 of Cash FlowOne of the most illuminating aspects of real estate investing is financing isn’t bad...Having spent all of my life not accumulating debt this has been a difficult psychological barrier to break through.

By the numbers, the cashflow may look better, but the turnover tends to be higher and you have a whole new set of CapEx expenses that have to be supported entirely by that one likely lower-rent unit (it needs its own water heater, HVAC, roof, etc.)If the property isn't a great deal without the garage unit, it won't be a great deal with the garage unit.

As long as people want a roof over their heads there will be renters.

Very old and tiny 2/1, but no major upkeep needed in short term as roof, water heater and furnace are all newish.  

Maybe the $60k "comp" was totally rehabbed with all new systems, and this house is a dump with a leaky roof and bad foundation?

I am exploring installation of roof top solar panels to a) reduce the utility bills (Owner paid utility situation), b) to replace an old roof part of this deal so it can be depreciated quickly!

The only repairs we have farmed out are roof, furnace, sewage leak, and tub replacement.