Adding a walk in closet to to lower bedroom that will most likely be a guest bedroom or a child's room, wont do anything for the salability or marketablity of the property.With a home of this size you want to sell life style and comfort more than anything else.

There is no one size fits all solution.

I had thought that any management would be responsible for the apartment portion only, but it sounds like I may be missing something there.

I encountered a rent to own house in my neighborhood which I tnink is a perfect size for us. 

Interested in Single/Multi Family homes as well as Condos and Small to Mid size Commercial Spaces.

Unfortunately, the loan size ($300k-$400k) is a bit too small for CMBS or conduit loans, but I was hoping someone would know of other methods to obtain this this kind of product.

@Tony Velez    it is a good question... the reality is there is not a one size fits all... for one investor to tell you it is good or bad for you is absurd...    

Some want you to have $15-25k (depending on the deal) in the bank before they will fund you, others will charge you an astoundingly high application/origination fee to get the process started, others only fund LLCs, while others want a portion of your profits.

Have you considered that maybe the comp sold for a lower price because of its condition, size, or a variety of other reasons/conditions requiring a lower selling price. 

What I am being proposed now is to buy a 30 SFR portfolio in a great rental market and hold it for a year and sell them to 1031 for a Multi family, building credit an income in the process.The idea is that this will give us a higher cash on cash than a mid-sized multi family and thus, higher income to show for in a year when.