Purchase price: $44,000 Cash invested: $50,000 Converting a 4/2 into a duplex (2/1 each side)Medium rehab, most challenging aspect is separating the utilities, should rent $750-800 per side.

This would allow us to continue saving money (more than if we bought separately) and get into this market while our home hopefully appreciates with inflation. 

I recently completed a project where we purchased a 4-plex in Los Angeles, did a major renovation and then sold the units individually to separate buyers who purchased as Tenants in Common (TIC).

We spent 15k and transformed the basement into a separate mother-in-law apartment, and have renters living there.

Forgetting about the ADU (a separate structure on the back yard), if I chose to make the garage into a bedroom suite with a bathroom and its own entrance, it would make the home into a 4/3.

Nobody wants to deal with an over emotional irate person.

Are you trying to write 5 separate mortgages at the same time for this group of 5 homes?

That means you'll need to split the land into two separate parcels.

Hi BiggerPockets community,I’m in the search of a new insurance policy for an Airbnb house hack.About the property:Located in Jacksonville FL Historic District-3/2 home that my girlfriend and I live as our primary residence-Detached Guest house that we currently rent on Airbnb with 2 night min stayWe’re looking for a policy(or open to separate policies for each) that would cover both the house and Airbnb rented guest house.Currently we have a policy through security first insurance that allows for short term rentals.

We currently live in different states  and plan to file our 2021 taxes separate.