Single Family Rental with Tiny House Lot
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $305,000
Cash invested: $25,000
Residential single family residence rental. Main house rents for 2100/mo and I have an additional lot that I rent to a tiny house for $660/mo
What made you interested in investing in this type of deal?
The side lot yard that can be rented to a tiny house
How did you find this deal and how did you negotiate it?
On the MLS. Got under contract and then negotiated a large amount of seller's concessions during inspection period.
How did you add value to the deal?
Converted garage into more living space.