Purchase price: $129,000 Cash invested: $53,000 Contributors: Julia Collins SFH, 3 bed/2 bath, 1200 sqft, built in 1926.Our first dive into the buy & hold rental world.

@Breanna Mackroy Are you a retail agent or do you go after motivated sellers for discounted props?

These types of retail properties are very difficult to make work.

Most RE agents are geared towards retail O/O.

North Bed Stuy is a safe walk, but in newly gentrified areas you always have 1 good road next to 1 bad one and a lot of characters. 

Usually I rehab it, but sometimes I dont see a retail exit for the property, so that is when I find one or two of my network who might want it.

My own view is the adjustment for the ADU should be the retail cost of a hands off ADU addition (or as close as they can determine). 

The Massachusetts Association Realtors (MArealtors.com) reports only sales via the three MLS services in the state, giving us a view of the retail market.

I’ve seen a number of deals where a Roth buys an option on a “financial friend’s” real estate “rehab & retail” deal for $1,000 or so.

Or if you don't care about the space, you live in the basement with 1 bed 1 bath and rent the larger upstairs unit and possibly live for free.