It was a huge help financially as we split up-front costs and recurring monthly expenses.As far as research - check out Streeteasy.com and Zillow for active and SOLD properties.

Also open to hearing other ideas for this situation.

That’s a very loaded question, as it’s highly specific to your situation.

Yes Johnny it is going to be hard to make a profit in this situation unless the market is rising fast.

It's a win win situation in my view.Sorry for being so simple but the space is limited.Anyway good discussion points

Newbie here.I’m curious of a possible situation where I build a small 2 bedroom guest house in my back yard for a short term rental.

I am wondering, if by doing this, I will make the situation more complicated than it should be. 

It kind of reminds me of that George Carlin saying "They don't want a population capable of critical thinking, they want obedient workers, people just smart enough to run the machines and just dumb enough to passively accept their situation."

You're in a great situation.

I usually look up the foreclosure auction online through the county clerk and read up on what the whole situation is.