We also have a weight limit for dogs.

Many of the investors that I have spoken to, put more weight on cash flow. 1.

1. be present where i am: time w kids, time w wife, balance my work sched n personal sched - no more blending... hence, being present where/when needed2. have a web service running n netting 1k/mo on avg for y13. flip 2 homes4. buy a >/=4u rental5. build up some consulting work: collaborate n help small biz (10+) w marketing efforts (web/local/mobile venues) on an ongoing/reg basis6. reach net 25k monthly by end of year w combination of new biz created in 20137. health: maintain optimal weight by April, run 3x wk, green smoothie daily8. pray daily, go church weekly (no longer weakly), journal/meditate daily9. review goals monthly, plan weekly/daily10. volunteer monthly

Sold X husband's 50% interest in exchange for upkeep and future maintenance.

The weight given to below-grade is substantially less, and that would hold true whether it's a bedroom or something else.

Get to know important things such as money flow guesses, profit rate, money back on money put in, likely rise in value, empty property rate, upkeep costs, and property taxes.

Sometimes it works out to be more, maybe quite a bit more, but never less.Then:Purchase priceClosing costsLending/hard money costs (if applicable)Rehab cost (plus 10-20% depending on size of rehab)Carrying costs, utilities, yard upkeep, etc.Might be missing something above, but think that's all of it. 

A powerful land trust document carries more weight than just a simple trust. 

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

If there are mixed uses, residential and as an income property, the weight to value will be given to the greatest use, if a vocational unit is only rented 3 months of the year, it would be prudent to look at the residential aspect being weighted at 75% and the rental aspect at 25%, but even doing this adjustments will be considered.