@Cameron Belknap FHA loan rules in HUD 4000.1 mention not counting the basement as part of the Gross Living Area; however, part of the FHA requirements found in HUD 4000.1 includes a section on “converted spaces” which states:“The Appraiser must treat room additions and garage conversions as part of the GLA of the dwelling, provided that the addition or conversion space…is accessible from the interior of the main dwelling in a functional manner; has a permanent and sufficient heat source… and was built in keeping with the design, appeal, and quality of construction of the main dwelling.”Furthermore,“The Appraiser must analyze and report differences in functional utility when selecting comparable properties of similar total GLA that do not include converted living space.

Have a local bank providing the loan, have my son moving into the lower level so I got an FHA 3.5% loan and the property is valued at 220k. 

AI is on fire w many autonomous vehicle startup acquisitions), and big tech is still growing, which provides a floor on house prices. 

Investing in real estate can provide a much better and safer investment than precious metals.

Great info @Michael Badin and@Hunter LockeThis was a great nugget for me and IRR has a Providence, RI office!

Thanks Adam the lease is based on the Wisconsin Realtors which states the Following:During the lease term, as a condition of Tenant's continuing right to use and occupy the Premises, Tenant agrees and promises, unless Landlord otherwise provides in writing, as follows:10.

You can call any insurance provider and they can give you an estimate though.

Rhonda,A Monetized Installment Sale fully defers capital gains taxes for up to 30 years while providing you with 93.5% of the net sales proceeds at closing.

I plan to go through proper due diligence to assure it provides great cash flow.

I've used the IRS capital gains exclusion to sell at PCS time when the appreciation provided me more future opportunities than trying to make the rental math work.