I would be investing in Austin, TX, where this seems to be a growing trend with the current tight inventory of conventional housing and lots of surrounding land.

Repainting the entire room would likely add another $300 to $600, so in total, you're looking at a reasonable deduction of around $400 to $800 from the security deposit.

If so, what would be the best way to advertise this type pf setup?

Purchase price: $150,000 Cash invested: $150,000 Rental of duplex What made you interested in investing in this type of deal?

John is right about the enemy method, its the only accurate way to estimate revenue.The blanket estimated revenue amounts on analysis websites like AirDNA can be a decent baseline, but generally include too big a pool of properties to give a very precise estimate.The way I use the enemy method: Sign up for a pricing software that has market analysis (I use PriceLabs but most of the pricing softwares have this feature).

However, the impact of this method depends on how interest is calculated on your loan (e.g., daily vs. monthly compounding).Bi-Weekly Payments: Paying bi-weekly effectively means you're making one extra payment each year (26 half-payments vs. 12 full payments).

View report*This link comes directly from our calculators, based on information input by the member who posted.

Currently paying around 9.5% interest.

What are the alternative choices if you don't pursue this?

Websites like BiggerPockets are excellent for getting leads from experienced investors who’ve vetted their GCs.