Comps I have seen are newer houses with “open floor plans” and bigger masters/closets/master bath.

Once you master the topic, you can scale your business.

Purchase price: $267,000 Cash invested: $250,000 Sale price: $629,9003b/1.5ba 2,500 sq ft single family home on .24 acres turned into a 4/2.5 with a big master suite, open kitchen/living, large laundry room and 600 sq ft half wrap around deck.

You can also count a bathroom if that is exclusively used by one of your roommates (i.e. a master bathroom).This is solely my interpretation.

The other option is to become a jack of all trades and master of none.

I have been pursuing my masters in real estate for the last two years but I feel that I will learn more if I just jump in and buy my first investment.

I have talked with the county (planning & environmental) informally, read the zoning/etc code and the shoreline master plan, and asked around for recommendations as best I can, but these SMALLER projects are uncommon.

Problem is, I'm thinking of switching careers which I've heard can be tricky to get a loan.I have been in the engineering field for just over 2 years and am planning on going back to school to get my masters in education and become a science teacher.

I will also be attending the 3-day Fortune Builders workshop in a couple weeks with no plans to pay anymore money for Masters classes (learned about it in the forums).

A series LLC allows you to designate multiple "series" LLCs underneath the master LLC, each with their own liabilities.