Since this doesn't work for us.Your market looks tight already and sounds like you won't have an existing banking relationship to work from. 

We've also done some random very low cost, with potential reward things like paying for flyer-space under a local diner's glass tables. 

Most real estate investors are looking for a 1-4 unit deal, and in that space the profitability of the deal is going to be very much tied to whether you are a good operator or not. 

We are debating installing separate laundry on the main floor so that we don't need to share the space. 

We are debating installing separate laundry on the main floor so that we don't need to share the space. 

(It's NOT in a rent controlled area.)I'm planning on giving them a 60-day notice since the rental market is so tight here. 

There's always "rental arbitrage" -- perhaps you could look for a rental house with space for a roommate?  

. = Total sq ft.Then determine your usable sq ft. from the total sq ft. calculation, ideally you want to aim around 74% usable space.

✔️Purchase Price: $1.36MM✔️All capex will be included in a bridge loan✔️Will refinance into FreddieHere’s our plan:✅ Pave the parking lot✅ Build 3 additional units to utilize unused space✅ Perform light interior upgrades and bring rents up to market✅ Implement a flat fee for utilities ✅ Improve outside landscaping✅ Engage a professional property management company team to improve inefficiencies “The path to success is to take massive, determined action.” - Tony Robbins 🔥

It has always been interesting to me that the REI is not a pure supply-demand space because of the influence of the third parties.