Now it's a bonus room for someone. 

And don't give me that exposure and well rounded education crap.

I consider appreciation as icing on the cake or a bonus, but not really a solid reason for me to purchase.

I wouldn't buy assuming this was an option, but it could be a very lucrative bonus if it was possible.

Holding the property as a passive rental for a period of time would eliminate teh UBTI exposure.

Needs all new flooring, a easy layout change (knocking out a wall in a tiny 8x8 bed room to covert it into an office, and turning a large bonus room into the 3rd bedroom). 3 bed 2 bath with an ARV of 130,000.

But the last thing you want is for a tenant to start contacting you about real or imagined ailments related to mold exposure.  

I have always been interested in real estate but never really had the exposure to how the processes truly works.

We have used sign-up bonuses, tax-free income from war-zone deployments, tax returns, mutual funds and conventional mortgages to fund the houses. 

If you have 1 or 100  a syndicate or not he got great exposure .