It's just more labor intensive for the contractor.Having separate small houses like that can work out nicely in a B+ or A neighborhood since adding the private fences, and perhaps a private patio/bbq area for the residents could really add value.

Many families want a play room for the kids, a crafting/scrapbooking room for mom, a workout room, a home office, a "man cave" to watch the football game, etc. 

Since rehabbing and flipping my first property is my only priority at the time, I think I can save a buck and learn a lot if I find individual sub contractors for each task. For some of the tasks at hand I know the ty...

Like I said if you are able to physically go there (and you may be in FL but if there is a problem you can easily go) it could work out but it was real work and even after that work the returns were higher on B class units. 

and with nothing more than a high school diploma he'll be digging ditches for the Chinese if things don't work out.  

Hey man how did this deal work out?

Only interested if the numbers work out on the investment calculator.   

@Chris Martin How did it work out for you with the Section 8 properties? 

The property actually appraised for $200k back in 2009, so I think with a little work they can get it back to that.Ideally, I'd like to sell the note after about 6 months, but if that doesn't work out I will be fine receiving payments for longer.

So he was going to refinance and take the 50k worth of equity he had accrued and use that 50k to purchase rental properties.He said that with the refinancing and having a better interest rate that his payments wouldn’t change so month to month on his current house would remain the same mortgage payment.My question to everyone is, is that a wise investment strategy in the long run, because it seems to work out in the short term with being able to purchase rental properties that you would possibly generate monthly income as well as equity from those properties.