5-unit property with potential to convert to 6 units plus an ADU in the backyard. Currently configured with 3 private suites and 2 bedrooms, with strong potential to add a third interior bedroom. Strategy: Cashflow immediately from the three existing suites while renovating the interior units. Renovate suite-by-suite as tenants move out to minimize vacancy and maintain income during improvements. Current tenants are on handshake leases, giving flexibility to raise rents and add formal leases, turn units during renovations, or continue collecting the current rents. Current rents: $750 per suite Projected rents after renovation: $1,100 per suite $850 per interior bedroom Strong value-add opportunity to increase unit count and significantly boost cashflow. Seller financing available. Reach out if you’d like more information, rent details, or to schedule a walkthrough.

Use this space to ask questions, share concerns, and discuss anything related to your co-living property. Be clear. Include numbers when relevant. Provide context so others can give useful feedback.

Just finished the classroom modules. Awesome information. Looking forward to the additional content.

Thank you for the Rule Templates in the classroom. Very clean and easy to understand!