Deepak described his friends who bought a 500k 3-family-home in Jersey Heights. He lives in 2nd floor and rents out top unit for 2k/M and ground floor for 1.5k/M, so his 3.5k gross rental income more than covers his mtg+tax.

This is inferior to 43R model, at least on paper.

For those two floors, 43R model would create 7 rooms, average $700/room .. $5k/M rental.