I suspect your true expenses will be a tad higher.

The numbers I have given are actual true numbers that I have personally seen from tax returns and rent roles from the property management company that I will continue to use after I get it purchased.

And, while everyone says a you don't pay for a buyer's agent, that's not really true.  

This is really bad and I believe it is true based on the rust damage in the photo.

Most of the true business learning for SFHs has been "on the job training for me", so I feel that I have a good skill set in that realm.Switching to MFH just seems to me to be a bit of a "whole new ball of wax", and the rules change a bit. 

Occasionally, I will happen to drive past a FSBO that is not on MLS (and my MLS I mean the true MLS and include Zillow and Redfin), or on Loopnet but not MLS.  

Once the family members with disabilities or who are sixty-two (62) years of age or older, or any other family member, no longer reside(s) in the premises on a permanent basis, or the title is transferred, the property owner shall notify the zoning official in writing, and the accessory family dwelling unit shall no longer be permitted, unless there is a subsequent, valid application.As you can see, it's really all up to the zoning department of that city or town, and my guess is that if your proposed use doesn't meet the above, they will not approve it.It doesn't really sound like they're talking about an entirely separate structure, so if that's true then the question about getting bank financing for such construction would be moot, but it's possible I'm reading the above wrong.As far as whether you can build on the empty small lot in general, you'd want to look up the zone of the lot on the assessor page and then look up the Permitted Uses section of the Cranston zoning ordinance to see what can be built there and Zoning Districts Designated to see if your lot meets the minimum lot size to build something.

I recommend buying that package to ensure you have a solid lease that matches the techniques taught on BP.My favorite book is "Every Landlord's Legal Guide" by NOLO.

I am glad you are stepping out of bubble most people live in and being true to yourself.

It sounds too good to be true, until its not and then I am stuck.