Sometimes the extra rent more than covers it, sometimes it takes a while to break even.It really comes down to your goals, if maximizing cash flow is the priority and you’re okay with being more involved, it could be a solid move.

We created 3 extra rooms and bathrooms and we turned the garage into a studio.

Next stage is to put some lights and extra security cameras in those units. 

I don't want to waste money, buy land, then go to meetings in hope that they will eventually give me the permits. 

Every extra app is friction, and friction costs both money and time.I’m actually building just what you need :) something chat-first, all in one thread, where rent, leases, and maintenance finally live together.

Hey Brandon, A CPA usually pays for itself and a few times over from the extra deductions and savings he is able to provide by knowing the system.

Duplex have different zoning that may permit additional units.

LLCs can trigger extra costs ($800 per year in California for example), extra hassles (such as a need for a partnership tax return between two spouses in some states), extra paperwork and so on.Here is what one attorney says about LLCs:https://www.biggerpockets.com/forums/109/topics/1212815-i-ne...

Quote from @Matt John: I recently purchased a property in Houston for $100k cash and have secured permits to build a duplex, so the land is shovel-ready.

Innago is 35 for Credit, Criminal, Eviction and an extra $5 for income verification.