A supply, a main feed, a switch, and an auxiliary outlet feed, all tied into the old-school open (no box) metal light fixture bracket, all the wires connected in the tiny space the small light fixture allowed for.

There are many economies of scale with larger properties.You just need to educate yourself on the space and the markets . 

Kindly help me with your wisdom.It’s a semi-detached 2 unit has a new boiler, new hot water heater, vinyl replacement windows, brand new exterior doors, completely renovated 1st floor- 1 bedroom unit - features a living room with a fireplace and granite in the kitchen, ducted for central A/C.The 2nd floor-2 bedroom unit has central A/C.There is W/D hook up in the basement, and also a W/D hook up for the upstairs unit (would need stacked small unit to fit into space).

Developer is hoping to steer Boston commuters towards more affordable space in Lynn.

It was a small efficient electric tankless water heater.The bedroomThe bedroom has enough space to fit a bunk bed for 2 kids + a bed for the mother.

If you're going to invest a large chunk of money into rental real estate in a far away market you're entering a relatively risky space.

@Marcus Melgoza - strongly recommend you check out the crawl space after it rains before you do anything. 

I’m interested in learning more about the general approach of some DMV investors in the space:- How much do you normally purchase a home for?

My wife stays at home with our children, and I am a pastor who at that time raised my own salary.And we were looking at 3-bedroom homes to rent for $4,000+ a month.I needed a solution, because we didn't make that much money.THE PRINCIPLE OF LEVERAGE:As we were faced with the problem of rent and space for our growing family, I began to think through the principle of leverage.

I remember when I got mine a few years back and very soon after was very fortunate to be able to secure my first home :)I, personally, would pick between options 1 and 3.Option 1:Pros: You'll have a bigger space that you can eventually redeem for yourself if you ever need it, and allows you to ease into investing by house hacking.It might be easier to get financing for another place in the future if you already have a lease in place for the current location and can show that rental income already coming inCons: Only the portion that you live in could be looked at by CRA as a primary residence and if you do sell at some point, you'd be liable for the capital gains tax on the part that was being rented out (https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-127-capital-gains/principal-residence-other-real-estate/changes-use/changing-part-your-principal-residence-a-rental-business-property.html)Option 3:Pros:Allows you to have your own space, and understand the nuances of condo living prior to getting a second condominium propertyAllows you to experience some condo living as well as be able to save up waiting for the pre-construction property to closeCons:HST on the pre-construction property (Unless you decide to move into it when it's done)