Converting SpacesConverting unused spaces like garages or basements into living areas, home offices, or rental units (such as an ADU – Accessory Dwelling Unit) can significantly boost the value of a property.11.

I'm imagining something more like add a wall, turn a bedroom into a kitchen-living on one side and a formal dining room into a bedroom on the other side, maybe add a half bath in each unit.

Your cashflow to achieve $80,000 per year takes a lot of rental units.  

You could live in one unit and rent out the others to offset your mortgage, staying within your $4,500/month affordability limit.

i think, in their defense, if you find BP as a new investor, sometimes you start at the beginning - the earlier podcasts, the webinars where Brandon looks at a random duplex on Zillow and it "cash flows" $250 per unit every time. 

@Tove Fox You can get a 2-3 unit property in Pittsburgh in B areas that will hit the 1% rule and be in decent shape.

Hi Jeff, as everyone has mentioned, I would suggest house-hacking a 2-4 unit if you have the means.

The other is a triplex, all units are 2 bed 1 bath. 

I was talking about multifamily closer to 10+ units like you said than just 5 units, so there might have been some miscommunication there.I appreciate and respect you, just wanted to make sure the facts were straight.

The seller is also claiming that the 2nd unit tenants have vacated as that was part of the agreement and he will lose money.