The ones near me share a wall (more like a duplex), which might be more common and why they felt the need to note that it was "detached" in the description you're referring to.Here's some more reading on the topic: Pros and Cons of PUDs and What makes a PUD a PUD article.

My budget is up to 200k at the extreme, though likely closer to 175.More about myself.

@Tom Scott I think it's extremely important to operate within your own comfort levels especially when you first start out.

So, any input would be both welcome and appreciated.We (my wife and I as tenants in common) own a 5 plex that we purchased for $250,000 with $20,000 down, owner financed.

We have something in common : ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I also have a computer programming education background (MCS) Regardless, welcome to BP

I think it will have a wet bar, which is a pretty common thing to put in basement "bonus spaces."

I was sitting here brainstorming ways to apply some of the outsourcing principles to my involvement as a new investor and thought I'd go public, since many minds are always better than one.So far I have a small list going, but would love to hear if you all have any other ways you have put either outsourcing, or any other 4HWW (muse creation, 80/20 rule, etc.) into your real estate businesses.Here's what I've come up with so far:Virtual Assistant (VA) tasks:screening MLS for potential dealsyellow letter campaignsGoogle Adwords tracking and implementationmanaging tenant screening process (background checks, tenant checks, etc.)tracking down absentee property ownersgenerating a list of every commercial building owner in your towncollection and aggregation of data in due diligence process for a commercial purchaseresearching cash buyers in targeted markets identifying common expense items in a new market (trash, electric, water, property tax rates, etc.)What else might make sense?

It helps having extremely low vacancies in my area and SFR with low turnover and maintenance.

I work in remodeling and renovation professionally and learned everything from hands on experience and common sense.

People rent for many reasons, but some common ones are: 1) they do not have sufficient resources to make the downpayment on a property purchase; 2) they do not have the credit history to qualify for financing; 3) they are in the area temporarily, or periodically, and do not wish to establish roots (students, oil field workers, politicians & staff attending the legislature, etc); 4) home ownership is just not right for some folks.