This is where you take a split-level home or a home with a walk-out basement and put up a wall and a kitchen/kitchenette in the basement to create two separate units. 

It is up to your comfort level, research you've done, team established and finding the right deal.

Open floor plan on the first level.

I am thinking of situations where there is a bad tenant who changes locks without letting you know, changes garage door PINs, resets garage door openers, or adds deadbolt that is accessible from only inside the house.Also for situations when temperatures drop too low and you need to access the house to open a faucet and the tenant is not at home.I have added kwikset locks with the rekey feature and also with a second deadbolt that has another separate key.

Maybe he reached the level of equity that he would need to happily retire, wants to find a more passive investment, etc.

He is not the best landlord and has legal issues with his tenants at the moment.THE SITUATION:  We had been having a leak in our 2nd story unit of a 3 level townhouse. 

Love to hear your experience here if you did end up going down this route, or any others who looked into it.What I will say is that guests greatly appreciate the ability to play their own music, turn lights and temperature on/off, and a variety of other custom features that I have built into the property for their convenience. I’ve also implemented custom signage to allow folks a short list of things that they can ask Alexa to do, which is critically important to clarify understanding and usage.

People from all areas of Real Estate are encouraged to come regardless of experience level.

Home flippers are seeing the lowest return on investment in nearly a decade — but that still makes for tens of thousands of dollars in returns, according to new data from national property database Attom Data solutions LLC.The gross profit on a typical home flip — the different between the median sale price and the median price paid by the investors — rose to $67,000 in the second quarter of 2021, up 2.4% from the $65,400 in the first quarter of 2021 and up 3.1% over the $65,000 seen in the second quarter of 2020, according to AttomBut that heightened gross profit translated into a 33.5% return on investment compared to the original acquisition price, down from 37.2% in the first quarter of 2021 and down from 40.6% during the second quarter of 2020.That puts it at a level last seen since in first quarter of 2011, when the housing market had yet to fully recover from the slump brought on by the Great Recession.

We all have to leave our comfort zones at some point to learn new things and step to higher levels!