It DOES NOT require a full gut rehab (rehab could consist of new kitchen, new bath(s), windows, flooring, paint, etc.

The addition of a private balcony and standout interior design further elevated its appeal to both short-term and long-term tenants.

Do you use forms or what is your design? 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

That being said, I scrapped the idea and bought another rental property.One hack to consider, a colleague of mine finished a third floor, made the third floor the living room and kitchen and the second floor the two bedrooms because that scenario avoided the need for a second means of egress.

You may have seen my other posts in here related to a small mobile home park with 1 ranch home and 5 mobile homes.I have been waiting on the information regarding the septic design of this property for months.

I do like real estate, I have a great eye for design, but would hate to have to evict someone—that would be my worst nightmare, so I’m not sure I’m cut out for being a landlord (although I would fully anticipate having a property manager)Is option #3 a far inferior option compared to keeping our expensive house in expensive city as a rental and only having to deal with one property that gives us great appreciation in 10 years ?

But you still have to provide (and maintain) a kitchen, a bathroom, HVAC (well maybe just heat), a water heater.

Additionally, I collaborated with architects, engineers, and contractors to finalize the design and construction plans for a stackable duplex.

Additionally, I collaborated with architects, engineers, and contractors to finalize the design and construction plans for a stackable duplex.