I am looking to add some square footage (add second level or add on to first floor).

My plan has always been to live in the upper unit if I end up purchasing one with this floor-plan.

Factor it in, see if it is worth the costs.Con- Time- If you do plan on selling, get ready to be floored by how much there is to learn.

In my trade I do framing, siding, interior/exterior trim, flooring, roofing, and much more.

Its a basement apartment in a 1958 built triplex. natural light is limited. walls are light gray and trim is white. floor is concrete and a darker grey.

(new kitchen, bathrooms if possible, new flooring, and definitely new electric panels.)

It would be incredibly difficult (probably impossible) to find a house this nice and with everything brand new (HVAC, water heater, appliances, floors, paint, roof, siding, ETC) for only $30k all-in.

It would be incredibly difficult (probably impossible) to find a house this nice and with everything brand new (HVAC, water heater, appliances, floors, paint, roof, siding, ETC) for only $30k all-in.

I would also like to talk about how awesome it is to provide clean, safe housing to others that provides a good value for them and provides a real asset that produces cash flow for those willing to do their homework and put forth the effort.  

That’s why very thorough underwriting on purchasing MHC is very important.Confirming and verifying bank deposits with the rent roll and aging reports will keep you from being surprised by rampant delinquencies which could take 6 months or more to correct.I have taken over several parks in Michigan and they had more landlord friendly rules and still took 6-8 months to clean the park up.