Thinking about this from a potential purchaser perspective, purchasing a property that has the main two levels metered separately from the basement could be a positive to someone with an investment mindset...but someone that just wants a vacation property and wants to use the whole property might find this annoying to have two separate bills.

@Patrice Boenzi As Mike said, don’t disqualify the internal HVAC components as blowing out the smell, especially if they are cat accessible

My main gig is selling Telecommunication & IT equipment and services and would love to supplement my income with some real estate. 

There are definitely prime areas surrounding the main bar/restaurant districts that go fast. 

Hi, BPers....I am a Bostonian who is thinking about buying my first rental property in Maine...ideally buy and hold for VRBO (as I would want to use them off bookings as my own vacation home).

The main issues i see with this idea are:1) Splitting utilities is going to be very expensive and most likely kill any real margin 2) Actually get permission to split the home, there are however seperate entrances and windows so there might be hope.Any Input?

The main assumption is that both you and the seller can read and understand the sales contract you will be using...and it should be readily understandable.

The day before, the borrower declared BK13....no problem I thought, as their arrearages are substantial, and their payment plan would be a great cashflow ROI, the main reason we bought this note.   

Main home is a 3bed/2bath and MIL suite is 1bed/1bath.

I have hit my goal (bought and sold enough to cash out on my dream bike) in that field and want to upgrade my side hustle.I am mainly interested in the idea of buying low and selling high (isn't everyone) as I am not sold on the idea of rental properties just yet.