We just completed 6-unit one bed one bath apartment in midtown Sacramento, CA As we are considering doing MTR, your feedback on how to move forward with this plan is appreciated  

Purchase price: $160,000 Cash invested: $12,500Singe family house-hack renting two bedrooms in a 4-bed, 3 bath, 2-car garage home.What made you interested in investing in this type of deal?

The new design takes the home from a 3 bed, 2 bath to a 4 bed, 3 bath, 2,400 sq ft rambler on a large lot in highly desired area.

The breakdown is as follows:2 bed / 1 bath1 bed / 1 bath1 bed (studio) / 1 bathThe property was previously rented out for a combined total of $3,400 per month.

You could agree with the Seller that you will accept up to $10,000 in the special assessment and the seller covers the remainder.

@Mohit Gupta  depending on number of occupants your regular insurance can cover it, read the policy, ours covers two roomers. 

The house was a 3 bed one bath.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed. 

*Used to cover CC & Buy Down Rate *2/1 Rate Buy Down to 4.25% in year 1 then 5.25% in year 2Renovations & Furnishings (MTR/STR): ~$20kCash Invested: $43,250kJust a quick aside, I think now is a great time for investors, because there are a lot more people on the "side line".