hi all,Considering purchasing a house that's a 2/1 and making it a 3/2 with a master bed/bath in the basement.

My first home was a 5 bed and rented rooms to my friends and paid for my mortgage and pocketed a good amount each month, but I had to live with them!!  

You also have to start with a bed of pea gravel or squeege that's packed down and properly sloped. 

Support your ARV- get good comps that are presented in an easy to see manner i.e. show a map with your subject property and the comps on it- then show the details beds/baths/sqft/yrbuild/etc & price per square foot.

Im thinking Ill live in it so im thinking a 2 bed 2 bath- share or duplex.

She lives in top unit and would rent it back from me for $900.unit 1: 900unit 2: her sister lives in the first 2 bed for $525 (which is probably under market rent)unit 3: 2 bed Just vacated, was renting for $600.Market rent is probably $2,100-$2,200.

There will be heavy furniture such as beds in a bedroom of course to scratch up the floor. 

Duplex with 4 beds 2 baths on each side.

Id sell it and get into a better investment.Your cap ex is not a real life number and even if it were to get out of bed to make 100 dollars a month is not worth it imo.

I could live into the efficiency and rent the 4th bed room for $850 (prvt w/bath), or live into the efficiency and try Airbnb with the main house.