I would imagine that was the case and it is feasible because of his extra expenses.For instance he can add bedrooms in areas that would commonly be utilized differently in a SFR therefore he is adding rentable area.I own a house that is rented by the room but my biggest challenge is to keep it full.

Hope to watch you grow as an investor.

Better to start small and grow fast, that to start big and fail.

For instance, my goal is to get to a point where I'm netting $8,000 a month.

You'll be amazed at how quickly you'll grow as you hang out here on the forums.

But one of my main focus' on becoming part of this community is to actually grow in my real estate knowledge and take action so it may bring wealth to me and my wife n family.

An excellent idea Jon of writing articles to write the chapters of a book.And to your point of enduring fundamentals, the book "Think and Grow Rich" remains an interesting read that exposes and embraces fundamentals that are applicable to all types of businesses.

Many factors led to our founding father’s push for independence stemming from a growing friction between a young fledgling country and King George’s growing abuse through heavy levies and taxes.Historically, a government will take from the people as much as the people will allow, whether through ignorance or by force.

To be honest, I try not to depend on speculation, but I don't think we're done growing out here by a long shot and my location is pretty dang good.One main point that I'll also make, is that my expenses are HUGE living here by myself, so moving out would significantly reduce my monthly expenses by at least 300/month, if not much more, depending on if my gf lets me move in with her ;-) I would also pay off my credit card debt which costs me $250/month.To summarize with conservative figures:Refi with remodel- I break even monthly, left with under 20K to investRefi without remodel- I have negative cash-flow monthly, but left with about 30K to investSell- No cash-flow or appreciation possible, left with 35K to investMy main questions are, do my numbers make sense, and does owning a negative cash-flowing property make sense at all?

If so, you want to know who will work with a small number of units and grow with you.