I'm going to have to crunch a lot of numbers for the loan, property tax, maintenance (which should hopefully be low on new builds), and I have to figure out how to obtain an insurance policy for the units. 

Purchase price: $250,000 Cash invested: $262,000 Sale price: $376,000 Solid wholetail deal.

@Louis Alumbaugh There are many questions to figure out what the right path would be here.

if this is net cash flow - that is not possible without >7 figures in assets. 

I have been assured by the lender that there will be no due on sale enforcement. 

If your doing businesses or developers, just have to figure the niche out. 

I would have paid another experienced local investor (an unbiased party not having anything to do with the sale of the home or selling me services) to do a thorough video tour of every inch of the house before submitting an offer. 

I have this awesome property that I’ve been in the process of buying the last few months, it was originally posted for sale by the original owner, but he passed away at the end of last year, so I had to wait for the property to get to get through the probate process.

Talk to some sales people and advisors from a payroll service such as Intuit or ADP, etc...

I'm trying to decide between renting the basement as a long term rental (and figure out something with the yard and utilities), do a short term rental like Airbnb or Furnished finders and give upstairs a utility credit, or leave it up to the current tenants to sublet it on Airbnb or find another roommate (so I don't get calls about tenant disputes since they will have chosen them).