This property has a two bedroom unit, a commercial unit, and a basement unit with additional rental income.

Foundations can be re-waterproofed properly ONLY by digging down to footings on the exterior, and re-coating with the proper products.One additional issue to be aware of with slab homes, is that typically plumbing waste AND supply lines are often buried in the slab, running clear to the farthest point.

I’ll offer some additional pointers:1.

I know this is a lot but additionally, I am curious to know how the number of beds/baths affects the overall result in terms of cash flow for both single family and multifamily.

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You get $2,400/year in additional income immediately with zero downside.Option B: raise to $2,500, tenant leaves.

We were without water for several days and IH's initial response about the issue while water was bursting from the meter was that they "contacted a vendor and they don't have anyone available for a couple days" without any concern with contacting additional vendors to address the issue in a timely manner.- We had to spend our own money and several days cleaning up the property, as grass and weeds were severely overgrown, which we were told would be addressed before move-in but never was and then was not fully addressed.- Steps were not to code (bottom step tread was approx. 4") causing several falls.

They never talk about permitting.For example, Henry often talks about converting a sunroom by adding insulation, heating, and cooling to add additional square footage. 

The property is undergoing a full remodel and we plan to eventually rent it out and possibly build additional units on the lot.Here’s the issue.One of the beneficiaries has lived on the property his entire adult life.