If they did choose to compare it to other single families the comparables still support a strong refi however I'm also worried that there may be a deduction on it's appraised value based on the fact that if someone were to walk into the property and want to purchase it as a single family dwelling they would have to invest money to change the configuration of the property to restore it back to a single unit layout.

But as I lay out my game plan for them I want to explain the process of the benefits of the passive income.So my question is, when the time is right and we can begin using the passive income for something other than the exponential growth.

My intuition is that as long as the total cost of rent plus utility bill back is equal to or less than they will pay somewhere else I should be fine. 

Its not currently occupied so I strolled through all the units to get a sense of the layout before doing a detailed walk...

I can send you Frank Knights number from Mr Porch as he will be able to lay out exacts costs and risk by doing the enclosed porch.

I am learning the layout of Innago and I like it. 

This is a bit more intuitive, though, because its tough to quantify.Now, appreciation is very complex, so these points are really directional and there is definitely more statistics and math involved.

Just lay out who is paying for it.

If after that you are still moving forward, think through the layout of the units and how to maximize the space while keeping your cost down.

It comes with the experience … by visiting every open house on Saturday … and check every layout on the same geographical location ….