Backroom rental property:investment

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Hi everyone, I’m currently doing some market research and looking into investing in a backroom to rent while I renovate a very old house. As part of the renovations, I’m also planning to convert the garage into the one-bedroom unit.(backroom) I’m specifically focused on the Khomasdal area, and I’d really appreciate any information or recommendations on the following: Current monthly rental rates for backrooms or one-bedroom units in Khomasdal Estimated renovation costs, especially for converting a garage into a livable one-bedroom Reliable contractors or handymen you’ve worked with Municipality rules or approvals I should be aware of need to get Tax implications of renting out part of the property – especially if I’ll be living there but I’m not the legal owner Any insights or referrals would really help me. Thanks in advance!   submitted by   /u/Educational-Health67 [link]   [comments]