Unlike Evolve, Turnkey and other "property managers", although I like to refer to them as technology companies, we  don't make a living off of the top performing properties and not give lower performing properties attention they need to perform better.

To figure the expense of furnishing, you could use this rule of thumb: $10-15k for the unit itself (things like appliances, living room furniture) and $2-3k/bedroom.

I live in the SF bay area, renting half a duplex in Sunnyvale ($2500/mo) and I'd like to find some way to live in this area long term buy obviously I've got to be clever about it.  

As the title suggests, I'll be living there, while renting out the bottom portion for income.

Hey David,As someone who built out an ADU, lived in it, and now live in the main house while renting the ADU, there are a couple of things to consider:1.

I’m living upstairs with a roommate while I Airbnb the downstairs.

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From there, you can do more due diligence by talking with surrounding mobile home dealerships and park managers or owners to get an idea of the market values of these homes which depends on factors such as size, age, location, fix-up work, etc.

You want to invest just to have a place to live and potentially offsetting your mortgage payment by renting out the vacated rooms or having x amount of cashflow in the future?

My name is Dwayne and I've been living in the Cincinnati area for about 4 years now.