Currently getting quotes from contractors to expand and finish the basement in my south philly row house (east passyunk).

While this is in another state, it should translate.I just bought a house in Florida and it has a detached garage that was converted to an efficiency apartment.

It was a house that I was presented with the opportunity to purchase.

I've been hearing how you have to put a percentage down. but if a house is 300k and i have to put 5% for EMD, i don't have that kind of money to put down.

Purchase price: $200,000 Cash invested: $20,000 Sale price: $377,000 This was the first house I ever purchased.

It has a population of about 90,000, and it is a much higher cost housing market than Albuquerque (incl Rio Rancho).

@Eric ClappI don't see cash flow happening much of anywhere in Denver (or in Colorado Springs for that matter), unless you're doing something creative -- house-hacking, STR, MTR.You ask about higher priced properties and therefore better rents.

The previous owner is still alive and was residing in the house. 

Most attorneys won't mess with taking a house from you, paying fees, and auctioning it if the bank owns 60 percent.

The non-buildable tract of 15 acres was being sold to a farmer for crops, not houses and they were not permitted because no building rights were remaining.