get quotes, run the numbers.on the addition - it's almost definitely not worth it, i suspect the time to pay the costs back for the increase in rent might be decades or longer. 

Investing in real estate is not rocket science, even though the gurus want you to believe them.

I see it time and time where a borrower tries to save on points, they go direct and end up falling out.

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

I am a licensed real estate agent, but the only transactions I have done have been my own.

I've been lurking a bit and messaged a few people, but I figured it is time to make a post.

We loved it when we bought the house and what mattered to us most at the time was the layout of the kitchen, not the color of the cabinets.

looks like they are selling you the business but not the real estate. it looks to be a multi tenant strip mall type property.

It's more to do with the timing. 

I'm a newbie myself to the community, but not to real estate!