There are two conflicting thoughts here, to me:-One says that you are limiting the number of people interested in the condo because they won't be able to rent it out, thus lowering the prospect pool and price.

Hello Folks -Just want to run a situation by everyone here and get some thoughts.  

Does anyone have any thoughts or suggestions?

We have one roommate living with us.My thoughts are to remodel the current house add a master suite to the bottom of our split level foyer.

If it's you, put some thought in to the types of tenants you'd like to have and almost reverse engineer your strategy from there.

Just a few of my thoughts.

neither are very accurate... you need to have a list of comparable homes that sold in the area that match  the house you are looking at  in lot size ,sq feet,  bed ,bath, outside finish etc  and some time houses even a few blocks away don't match because  they are over the tracks or a hwy or something that makes them a different neighborhood... you need to find a way to get actual sale prices of homes sold in the area and a way  eg feet on the ground to tell you if they are fair comparables.. your offers  and your profits depend on accurate comparables so you can judge  what you are doing... just my thoughts

Initially I thought I had made it and was going to be moving up in the ranks and receive a great salary because I did what I was told: Go to college, get good grades, and get a job.

Again, with everything BP has done this kind of stuff might already exist, but I just wanted to say that I've found the best real estate education has come from reading/watching/hearing from others as they're in progress working on current deals.Just sharing my thoughts.

Patrice Boenzi yes you are correct the bank would have to approve the offer on the S.S. which we are aware of but what really bothers me is that my realtor waited almost 24 hours to tell us that our offer, which we thought was accepted, was not.