I don't think it's necessarily a bad investment even if your costs exceed your income in the year you're starting out.

These deals weren't easy-to-find "low-hanging fruit" but there are great deals are out there.If you need any help or additional advice, feel free to reach out I have helped a lot of my investor friends purchase properties in other counties in California.

There are many more of this type of property in Durham as older homes with basements are still price accessible.To make it a "legal" or permitted duplex, the process is definitely cost and permit intensive, and in most cases may require you to use a GC or similarly licensed tradesman for parts of the project.

If you know of anything, feel free to send them my way also. 

I have identified an ideal location, and the agent has informed me that the rent is $45 per square foot NNN, plus an additional $5 per square foot.Upon calculating the total annual cost, it appears that I would be responsible for over $80,000 per year.

Investing in Stowaway SS appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

Investing in this deal appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

This involves finding distressed properties, using savings for down payment and renovation costs, and using investors for closing costs.Good luck!

Feel free to make your own best decision.

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