A common theme is somewhere between 1 in 7 to 1 in 10.

.- $26,856  -Annual Mortgage Payment (only P & I) - $28,210 Annual Expenses (Property Tax, Insurance, HOA, PMI, and Utilities) - $17,922 Annual Total Cost (Mortgage+Expenses) - $46,132 Revenue (at $900 per bedroom and 4 roomates) - $40,694Total Cost Per Month for Me to Live Here - $5,438 -Loan Principle Paydown - $10,378Total Return (Cash Flow + Amortization) -  $4940 Total ROI (Cash Flow + Amortization) - 18.39% If I decide to only have 3 roomates (possibly taking the master suite on the third floor and the ground floor) then I'd end with only $30,521 in annual revenue (however it would ensure no parking issues since all people living have a space).

I want to start in single family residential rental space, the strategies I intend to implement are house hacking and the brrrr method for a good amount of deals.

Just enter the space with the expectation that you'll need a well defined plan, clearly laid out budgets, and that some money will need to be used.

I'm inclined to remove the kitchen and bedroom,and just make two large office/retail spaces?

I'm so glad that I found this space a few years ago and now I'm just starting to get serious about my REI journey. 

(3) An ADU can become a space for visiting children & grandchildren.

I’m looking to understand the space before choosing a path.

You pay space rent.

They have a full bar and dinner menu with plenty of space to network.