That becomes a cost-benefit math problem.I think if you can add some space AND in the process create a second unit, with a separate entrance, that you can rent out separately from the rest of the main house, then you could potentially be on to something that really moves the needle.

Run your math.

Make sure you understand the math and operations. 

I am new to this stuff so I am making a few (likely incorrect) assumptions.Assuming my understanding (and math) is correct and I would be able to convert this 4bd 2ba into a duplex, I would want to turn it into a two unit 2bd/2ba duplex or expand it to 3bd/2ba on at least one side.

and investing is a real priority for you, i’d stay open minded to switching into a line of work that allows you to significantly increase the W2 income that the job can create and enables you not to ‘take home work with you.’

My math shows my total being just under $1560.

How you do the math to estimate the value of that deal as well.

Hi @Rosalie Evans@Justyna Ilczuk has a lot of good points - no need to rush into anything - a lot of homework is needed before buying any property, especially one overseas.

They would not be in the price range that most BRRRR falls into (possibly 10x more) but the math works well so far using them for short term rentals in high demand areas; all while allowing us to stay there too.  

How do you take into consideration damage,tenets leaving, repairs, etc, what is the math you would estimate.