You bought an income property to make money right? Choose the option that makes the most money.
Last I checked 800$ is more than 650$ ..
think long term instead of initial rehab costs . There's no way I'd convert a duplex to a SFH . that would be like taking a v8 engine out of a truck and putting a little 4 cylinder in it ! Your doing this to make money . Millennials and seniors like apartments . there's 80 million + baby boomers that are set to downsize and of coarse get health complications in the coming years . Millennials don't care about the big yard big house and white picket fence . They just want a spot to play video games and get drunk
My smaller units always rent faster than my larger units. Don’t assume people are looking for a larger more expensive unit.