The former owner converted the 2 car garage into an in-law suite with full bathroom.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $164,900

Cash invested: $10,000

Bought this house in 2004 as my Primary residence.
Don't know in total what I spen...

I also saw there was a detached garage that looked like it could be converted to a studio.

If they lease the rental, then you convert the holding deposit into the security deposit. 

My plan is to hopefully find a place that is either 2 bedroom that can be easily converted into a 3 bed, or possibly just a 3 bed.

Purchase price: $528,000 Cash invested: $528,000 Three bedroom converted cape.

Great idea Barbie but I would purchase a 3-4 BR SFR (with a detached large garage) that has the capability of spawning a JADU from one of the bedrooms bathrooms and converting the garage into an ADU.

This a rehab with the purpose of reselling or converting to a rental.

We currently live in a condo so we don't have a way to convert anything into an ADU.

Hello All, My name is Randall Owens and I am looking for serious help in regards to a  2 flat building with a unfinished basement that I plan on converting to a 3rd unit in Chicago.