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Reply to "Can I afford this house?"
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[quote=Anonymous]Hey OP. I totally get what you are thinking and why. Don’t do it. The rental conversion would be an easy $100k+ …. and that’s if nothing goes wrong. In a house that already has lots of likely maintenance issues. And the result is … sharing walls with someone. If you told me this was a house with a finished apartment over a detached garage, that would be TOTALLY different than what you are looking at. It sounds like what resonates with you is the lot size and the character of an older home. I’d focus your search there - a great lot (and as any homeowner will tell you, that’s another often complex expense and spending $5k on an arborist to remove limbs from mature trees is a thing) and a right-sized, well-maintained home that you can inject more character into via decor and design instead of renovations. [/quote]
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