If they try to stay in your unit without utilities, you have much larger problems that ought to have been addressed before they ever received keys!!!

Larger properties are all about NOI and CAP rate so you need to determine your return requirements and what you're willing to pay then you analyze and scrutinize all of the income and expenses to validate the NOI. 

It may not be worth your time taking on the task of learning this skill if you have no intention of becoming a real estate handyman.

It gives you an idea of what goes into a task as well as saves you money for extras.14.

@Deja Johnson I have always felt becoming an agent is a better way to start than wholesaling.Becoming an agent is a larger time commitment but, it actually probably cost less.

My approach is nearly always that the best path would be to sell your SFRs and 1031 into a larger MFR where you have lower per-unit purchase costs, efficiencies of scale, and the ability to force appreciation.I know Seattle is expensive, but I'm sure with some work you can find a property that will fit the bill.As far as where you're living now, stay there.

With nearly $400k available (between cash and equity in your primary), you're in a great position to move into larger MFR properties, @Rob Lee.

This is taking place because we haven't saved up enough yet for our next down payment, and our whole family agrees we shouldn't be *forced* into selling our home before we're ready to, just so we can take on this impossible task of caring for her.

@Kyler Lee:Pros:A-class property should command top rentsVery low CapEx and maintenance, at least in the beginning.Building right can lower operating costs.Cons:Nearly impossible to make the numbers work due to the high cost of land and laborTons of red tape with P&ZNeed to work with a very experienced GC, which eats profitsUtility hook-ups can make the costs prohibitive for a rentalDifficulty getting financing if you (or a partner) doesn't have direct, relevant experienceNo cash flow for the entire construction period requires larger up-front reservesThere's a reason only really see SFH or large MFR being built in most places.

If you are NOT responsible for heat, then this is a slightly grey area, but I do not believe you legally be compelled here.The larger issue here is should you fill it.