The goal is to house-hack for a few years before turning it into a two-unit rental.Viewed in that light, here are the results of the deal analysis when financing 95% of the $381,000 purchase price: If the appraisal comes up short (which is likely), here are the results considering the max $25,000 cash over appraisal it took to win the bid: Rent-to-price: 0.58%Property details:Single-family home with mother-in-law in basement2 bed, 1 bath, 1 kitchen up and down2 car garageShared utilitiesShared heating, cooling, and water heaterShared foyer at rear entrance, no front-entrance for downstairsSingle mailboxR-2 zone (multi-family)Built in 1933Nice upstairs with loads of historic charm, livable downstairsNeeds ~$5,000 in updatesInspection found no glaring issues, but it does have a mixture of new wiring and some ungrounded knob-and-tube (added insurance costs)New roof, furnace, and a/c in last 5 yearsWater heater 14 years old5 off-street parking spots (only really usable by one unit)Not ideal, but workable and a decent return which we're grateful for in this market.My biggest concern is being unable to use it as we intend.

Our tenants are typically nurses, teachers, and accountants. 

I'm working on turning a basement to a mother in-law apartment in Sandy and have a few small items I can't or don't want to tackle myself. 

Those guests caused the second most damage to our unit, behind a couple of traveling nurses and their three huge dogs.

I do not want to lose these perspective new Tenants.The Challenge: Current Unit 1 Tenant won't tell me the date she is moving out, citing she has to wait for her Mother's home sale to close so she can get money.

I think you will find investors have a diverse range of jobs (teachers, nurses, accountants, etc). 

Unless the person had a real reason for not paying like lost spouse or job, and they were polite, then I would try to work out something that is reasonable.Example, my parents rented to a family where the mother was stay at home with the kid. 

A dead aunt on deed, a mother suffering my dementia, a owner who had lived in the house for 20 years, and his dead wife still on deed.

Atlanta is a great market for this since we have a number of large homes and homes with mother-in-law suites = multiple streams of income on a SFR = better likelihood for cash flow.

@Theresa Harris Yes, so my friend is a nurse who also does REI and owns a few properties.