Buy this book used off of amazon Buying Real Estate Without Cash or Credit (Paperback) by Peter Conti (Author), David Finkel (Author) It used to be that you could buy a property for (After repaired value - cost of repairs) * 70% but now with the economy the way it is, it is more like 60%

The MGM Grand also has restaurants featuring cuisine by award-winning chefs, shopping outlets and entertainment.Suite Type Price Range Studio Suite $515,000 to over $700,000One Bedroom Suite $750,000 to over $1,000,000Two Bedroom Suite $1,300,000 to over $2,000,000 Condominium Maintenance Fees Studio Suite $348 / monthOne Bedroom Suite $696 / monthTwo Bedroom Suite $1044 / monthPayment Schedule 1)10% of Purchase Price at signing.2)Second 10% due 2005.3)Final 10% due 2006.4)Balance of 70% due upon completion, tentatively scheduled for late 2006 / early 2007.

I have a client who is house hacking a 3 bed house to traveling nurses while he is living in and converting the garage into his studio.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

I was able to turn that into a studio by enclosing the stairway from the main house and building an exterior stairway and deck. 

We just got back from Bend, OR for our anniversary and we stayed at a very small studio condo.

4 Rentable Units:1st Floor: 2BR 1Bath (Expected Rent 1,850), 2nd Floor: 2BR 2 Bath (Expected Rent 2,100), Basement: 1BR 1Bath (Expected Rent 850), ADU: 1BR/Studio 1 Bath (Living here) FHA LoanPurchase Price: 600K with no money to the table at closing. (11K towards closing cost and 21K to General Contractor) (Total renovations: 65K including electrical, plumbing, and other cost)Mortgage with everything included is 3,379 (Taxes, Home Insurance, PMI Insurance)Projected Cash Flow while house hacking: 1K-1.2K per month and Cash Flow All Units rented 2K per month 

IMHO population and job growth in and around Denver will not stop anytime soon, especially if Amazon build their 2nd HQ anywhere in the area.

Looking on wayfair or amazon for some decent replacements, but I'm afraid that everything I am finding will just break down from heavy usage.These are studio units, so where isn't a ton of room.