I don't know how many auctions you have been to but my market is dry as a bone.

I think I can landlord it anonymously but there is a chance someone in the neighborhood could blow my cover…or my kids, since we will be living next door.If it doesn’t make sense to rent I could always just flip it.Just thinking out loud.

Avoid any property that used to be a gas station or a dry cleaner (on-site cleaning), because mortgage lenders are likely to turndown these loan applications due to environmental issues.

When adding a bathroom you need water piping, drain and sewer pipes, drain vents through the roof, a window, electrical work including a ceiling fan with a humidistat, drywall, painting, plumbing fixtures permits, and the rest of the list is too much to write.The big question is; can you get a better return by using the money toward purchasing another property, or blow the money on a bathroom that give you a smaller overall return and miss out on the opportunity to be making tons of money from appreciation from two properties.Personally, I never ever wanted to purchase a property and try to add value to the property by adding more living space or a bathroom and I don't think the amount the property appreciates with the addition of a bathroom will make a significant difference where a bank loans you a higher amount against the property.

If water entered the basement, they should have opened the walls to dry them out.

I'm in no rush to blow my capital and work for free.

Input please....Don't want to blow this opportunity.  

It will just be two water lines that tie into your already existing water lines, a drain tied into your already existing drain pipes (or even into a dry well depending on your laws), a 240 volt electrical line to be added for the dryer and a cutout for the dryer vent.

And then as they grew they ended up with thousands of clients literally.. and when you have 50 small investors on one loan and it goes bad ( and a lot of their stuff went bad) trying to customer service them was impossible.. the 2k investor is blowing up your inbox phone then gets on SM and you would think they lost a million dollars. 

Cash flow is great, but some may not need that, some may be looking for long term equity growth (which in the case of many areas of CA would blow the doors off of any cash flow you can get elsewhere).If you house hack with a small multi, you could not only rent out the other unit, but perhaps even a room (or 2 if you get a 3 bed) in your unit.