A lot of folks sit on the sidelines right now, running numbers with market rents, and their potential PITI and stop there.

We were strictly money partners What was the outcome?

Can you do this, potentially but typically it will be written that you need say a 2/3 or 3/4 or high majority to do this.

Rezoning is probably one of the riskiest plays in real estate, but it is potentially one of the most lucrative.

I haven't yet What was the outcome?

Hi Erick,One major hurdle is setting the right price without the insights a real estate agent might offer, potentially affecting your home's marketability.

I like the potential return the pro-forma shows, but I've been burned a couple of times already with expensive turnover, tenants leaving a mess and having to pay thousands $ to remove the junk and prep the unit for new tenants.

And so I had it done last month (my electrician wanted me to be in town while the work was done - which was a good idea due to potential ceiling troubleshooting implications) - it went as well as it could have gone as there was enough space in the ceiling to run the duct-work/piping (whatever the proper term is) out to the north side of the property without major headaches. 

Purchase price: $950,000 Cash invested: $150,000 Single-family residence with potential to add two separate ADU apartments.

Potential Sale price per our realtor: $469k-$489k.