HI I purchased a home in a multi unit (R4), high density zone.I am currently renting the house cash flow is just $50 after mortgage payment.This house has a big workshop in the back with a high rise ceiling, brand new roof, electricity and water.It sets in a half an acre lot so I am able to rent the workshop and land for $700 a month Total cash flow on this property is $750 a monthI'd like to enclosed this workshop (it has 3 brick walls already built) and make it into a livable place.I can still rent the land and keep the cash flow at about the same amount ($700).However there's no sewer  at this house just 2 septic tanks attached to the main house.Workshop will need:windowsanother walldoorscooling and heating systemBathroom etc...I can build build more units attached to the current workshop since there's so much land to play with but i have no idea of the cost.I purchased this home for $150k in 2016I owe 143Klast month I paid for an appraisal and the current value is at $185(flooring was the only improvement at the house).Question is should I refinance and bring in sewer line, build more units or live it the way it is?

Finally, I really like the home warranty idea.

They're looking to buy for around £7m so if anyone has any idea of how I can get a piece of the cake please help.

And wonderful idea about Ben Kinney. 

I check realtor.com every other week and still see some of the same houses still not sold, so I would guess it would be a good idea to buy and rent out one of these properties since no one is really buying ??

Are these a bad idea?

I really have no idea other than  to guess it's a little less than my own residence out here in California...

I really like the creativity in marketing the property with college groups, great idea.

Through all of my research I still have no idea where to look, who to contact, or how the process begins.

Second, if you buy a property and it is 100% occupied, and you have some ideas for adding value that will require upgrading some things, should you wait until their lease is up to do those upgrades?