From a return perspective, this all seems dandy but the sales are low for the rent they are collecting.

As the property owner, your "profits" are your Net income and equity in the property from the Court's perspective. 

That combo seems to separate pipeline noise from real opportunities.Thanks for adding your perspective — helpful insight.

.), so make sure you’ve verified that 50K number.From a cash-flow perspective, even without the attic, 2x $2K = $4K/month on a $550K basis is decent, especially if you plan to house-hack or hold long-term.

Not saying it can’t be done but as a part time farmer’s unskilled assistant in MN here’s my perspective.

Think about it from the guest's perspective.

From a lender’s perspective, I can tell you that rehab numbers are one of the biggest reasons deals either get approved or declined on the financing side.When lenders review a fix & flip loan, they’re not just looking at the ARV and purchase price—they’re also stress-testing the rehab budget and scope of work.

But from their perspective it is different.Money in the bank to cover two months rent is mostly meaningless as they could go blow it all at Target as soon as the lease is signed. 

I truly appreciate the perspective and the emphasis on balancing strong fundamentals with meaningful relationships.

I’m open to any advice, perspectives, or things you wish you’d known earlier.