Be very careful about who you allow in your space, and how long you allow them to remain.

What kind of spacing do you use between tenants? 

I can say from experience, you are definitely in the right space.

Maybe you could rent on the rooms as separate units, with the rest remaining a common space until you decide what you want to do with it for the long term.

You could air bnb that space and use the cash to pay down your mortgage.

@Lane OttoI’m thinking AirBnB would be the best way, if she’s comfortable with it.I know a couple empty nesters who have utilized that extra space for AirBnB income.

Overall, the property looked solid with minimal repairs in the living spaces.

So in the worst case, I'm living for free.Other variables: It's a 1-acre lot that's zoned for multi-family and has enough leftover space that I could use someday for a triplex or just divide it and sell.New roof in 2019, new hot water heater and HVAC within the last 3 years.The utilities are combined so I'd either have to include it in the rent or work out another solution.I think I can get it at $120,000 with either 15% down on an investor loan or 5% down on a conventional mortgage.Taxes: $950Insurance: $1200I would manage it myself for now.In my various scenarios, I either run $1000 a year for expenses for living in the main house and renting out the MIL suite or up to $3000 a year in expenses for the student rental scenario.

I am looking for personal recommendations if you live in the Pittsburgh, PA area and have used asphalt paving contractors for work on your personal or investment real estate portfolio.See below for description of work needed:New blacktop installation for two parking spaces at the back of a residential property.

Zoning would allow for Office space, Personal and Business services, Billboard, Transportation and public utilities,