We call it a Master Suite (sleeping area, bathroom, kitchenette, sitting area), or when we rent it separately it is a basement "studio".  

Now that buyers must meet scores that are more stringent, these homes are priced $40k less than they were and are just sitting (boarded up) because no one that would live in these areas can qualify.

Aside from being overgrown, it looks like these sit at a level significantly below the developed lots...wondering if there are grading issues...

I don't mind if a tenant works from home as long as that work does not create any strain whatsoever to maintenance of the property, or cause inconvenience, noise, and liability to anyone else.For example, buying and selling stuff, requiring UPS or FedEx multiple times a day for pick up, drop off, sometimes many packages on doorsteps; running a misery, conducting a yoga class, hair and nail, pet grooming, are all going to have frequent visitors that may park in neighbor's parking spaces, and you might be liable if a dog being groomed in unit C bit a baby being dropped off for baby sitting in unit B.  

@Stephen S.The man who owned this house before me did a very poor job of maintaining this boiler, and he allowed the air in the basement to be damp, which made it even worse.The 'bonnet' is the part in this picture that looks like a mushroom sitting on top of the boiler (this is not my image, i just google image searched it)http://www.merrypad.com/wp-content/uploads/2011/11...

@J Martin  - I'd love to invest locally where I live here in Fremont, but the numbers just don't make sense - at least not from a cash-flow perspective for somebody like me who isn't sitting on a boat-load of cash.

They do a lot of deals, but they don't like sitting behind a desk, sending postcards, taking calls, prescreening sellers, etc.

You'd better be sitting down when you open that bill...

No seller lists their property and wants it to sit on the market for 4 months.

If kitchen doesn't need a remodel or that isn't in the budget,  stage it like a sun room,  rec room,  library/sitting room.