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Updated over 6 years ago,
Building Garage w/ADU
Hey BP!
I’m looking at a property in Oregon that has room for an ADU in the back and am wondering what experience you have with building/renting one out? I’m thinking Air B&B because then my out of state family can take advantage of it as well. What are your thoughts/experience?
A little more info:
Main house would be primary residence and is a little over 1100sqft
ADU would be about 550 sqft (size is due to city restrictions) over 600 sqft garage.
Plenty of yard
Air B&B or VRBO would be preferable but can rent month to month if I get that suggestion (thoughts on vacation rental vs tenant?)
Also want to know what you think it might cost to build and suggestions for financing it if you have comments on that.
I also have a duplex in same city and am currently house hacking that.
Thanks everyone!
-Josh