The questions so far:Re: zoning - Do we run into floor space ratio issues if/when the basement is converted to finished space, even though there will still only be two or three units total in the building?

We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very little to do with an upcoming election and is regardless of who wins the White House or who controls congress after November.If you've listened to Kevin Bupp and Rod Khleif, you know what happened to their portfolios in 2008.These were no amateurs, as a matter of fact, they had many years of investment experience when the music stopped.They both weathered the storm and came back stronger and that is why I remain a shameless fan of both men till today.Several others were not that lucky, and you will never hear their names.In this space today, there are investors and there are educators.The educators have taken over the habitat.That is why there are now more podcasts on real estate than I can get through in a working week.Real Estate education is so very lucrative now that it is possible to make way more money from podcasts and books than in actual real estate investment for some gifted marketers with smooth tongues and gifted content creators.more....To read full article,click link below:https://www.biggerpockets.com/...

There is a bunch of waste space on the side of the lot that would be perfect for a new property.

They often feel entitled to the space due to length of tenancy and can be very, very hard to manage.

It starts with educating yourself on the market and the space and developing the proper skillset.

If you're interested in breaking into syndications I'd suggest networking around the syndication space to meet experienced sponsors.

For BP members and for Our Charity aheroshome dot org  I will help them analyze mid west cash flow markets since i have been lending in the turnkey space since 2002 and know most markets pretty darn well. 

Full kitchen, the washer/dryer and more space/privacy are the main selling points. 

Fairfax County is proposing changes to the current ordinance, but nothing has been approved yet (https://www.fairfaxcounty.gov/publicaffairs/county-proposes-changes-accessory-dwelling-units-and-home-based-businesses-better-serve-residents).If you can find a home where you can create a smaller, independent space with its own living, bathroom, and kitchen space, you can rent it as an apartment.

I’m not sure how many bedrooms in your property but he is willing to share the space with them.