Every following generation will be leaps better.You are taking the thought process all the way to it's ultimate end, where robots provide all labor.

It would be even better if we could get it zoned to rent out the house as a 3/2 and separately rent out the ADU as a 1/1.If anyone that sees this has done something like this in Columbus, we would love to get any info on how the process went, how much did the permits and inspections cost, etc.Also, if anyone knows whether or not we could even rent out an ADU through sec-8 that would also be helpful, as we will definitely consider using sec-8 to rent out the property if it can get us higher rents.We are going to be contacting the city's zoning dept right away to verify with them that this would even be allowed at this address, and to try and get a rough estimate of how much permits etc will cost us.

If the borrower were to challenge the foreclosure and draw out the process, these fees would continue to accrue.

Purchase price: $118,000 Cash invested: $30,000 This is a single family property this is rented by the room.

Clever use of the HELOC however to streamline the process! 

Touching on some of the above my lender did a loan for a client who did not have a primary (lives in rented NYC apartment and purchased home in FL), and mileage is not a concern but you have to prove a reason i.e. you live in a city and the visit the beach often, you work often in subject area, mountains, etc.

Purchase price: $600,000 Cash invested: $120,000 Contributors: Michael Ablan 10-unit, multi-family property in an area I already invest. 8 of 10 units have been interior rehabbed.

I am intend to retire in 3 years and would like to begin purchasing single family homes in the Dallas area for rentals.

Purchase price: $75,000 Cash invested: $125,000 Concrete House 4 Bedroom 1,700 Sqft. all Renovated, in a 5,000 sqft Lot.

You're in this at waaay too high a purchase price!