Maybe this belongs in Rehabbing, Etc.?
I am looking to buy a FSBO duplex, 2 1-bedrooms, nicely furnished and rehabbed. Attached to the one unit is the owner’s workshop/storage room. We took an inside look at it and realized that that is a second bedroom! It just needs a window popped into one wall, and a little finish work. The sales price, of course will be for a duplex of 1-bedroom units.
Our 2-bedroom units are harder to rent out, but they are way more profitable. We usually get $20/day more for a 2-bedroom.
That has made us look at all our properties. Where are those other hidden bedrooms? One triplex unit just needs a doorway cut from the kitchen to a spare room to make it a second bedroom. We put up a soundproof hallway wall to the other side of the duplex, and convert the large entry to a bedroom.
Moved a door, put in a window, changed the floorplan. Now both units have 2 bedrooms.
One extra-long living room just got cut in half and that made the second bedroom. Bedrooms are CHEAP to add, unlike kitchen and bathroom re-dos. Bedrooms just need a door, a window, and a little closet space. Bedrooms can be created for a few hundred dollars.
Study your units. FIND THE EXTRA BEDROOM, it is money in your pocket.