Real expenses include depreciation, repairs, maintenance, vacancy loss, leasing fees, management fees, accounting fees, legal fees, all fees necessary to carry out an eviction (if necessary), postage, office supplies, HOA fees, landscaping, make ready upon tenant move out, etc.

Allowing renter to purchase the home.Is there any way for me to structure this?

This is also usefully if they like their return and want to extend the timetable* ARV or LPP - you can structure your loan based on After repair value or Loan to Purchase price.

While I don't believe it would be severely reduced, I'm sure the value would be affected.I bought the house for $550k five years ago (I'm in L.A.) and upgraded a lot of things so I am pretty sure that it would comp out at around $475k in todays market.I'm looking at stuff around the neighborhood and it seems that the supply is a little tight.

The garage is currently accessed from the alley (where the garage door sits) as well as a separate door from the yard.It seems that in the future there could also be room to add a 2nd property on the double lot, but seeing that would involve a whole new structure + utilities, would not be as cost efficient, as this area isn't one I would expect a lot of appreciation in.Thanks!

Have a friend who owns an office supply company and recommended Samsung Lasers, while the model I bought is B/W, I rarely need color as most printing is docs and contracts.

Well, for certain, the inventory or supply of multi-family dwelling is quite a bit more than Single family home rentals.

You need to get a geotechnical or structural engineer to take a look - maybe both:From your description of the property having views, I am going to assume a hilly terrain.

John, I have always thought the RE Brokerage structure was very close to the securities business and insurance world, captured agency relationships, product development and a sales force.

I don't know your local government structure, but here in California we have Board of Supervisors in Counties, and City Council in cities, with each region of the city/county having a representative.