It is not an issue if you are adding more square feet for your personal preference, but I would not expect an ARV that is as high. 

@Austin Wood Yeah I Ozon my units between tenants if the last person smelled

Personally, we are diving deep into buying and operating businesses that potential to conservatively achieve 20%+ cash on cash returns.

In this case, the second bedroom isn't necessary, but does get used as an office for the person working from home.

so, for each individual person, it's more or less doable.if it's going to take you years to save up a down payment, can you increase your income and/or cut your expenses?

Same facts, except that John only has 3 days of personal use in the year. 

I know that much of it is based on personal risk tolerance but any advice would be greatly appreciated. 

So now it hits a rich and famous person.

I personally reserve 15% of my rent per month for maintenance, capex, and vacancy.

The property, located in a desirable rental pocket, boasted three bedrooms, one and a half bathrooms, and functional central heating and air conditioning systems.Our financing arrangement spanned 30 years, resulting in a monthly payment of $990.58 covering principal, interes What made you interested in investing in this type of deal?