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Updated almost 5 years ago,
Additional Dwelling Unit (ADU) Build
Hi seasoned investors,
I'm new to BP and only own the SFH that I live in.
I'm considering adding an ADU as a way to House Hack and get started in building some passive income.
The rent from an ADU definitely won't cover the whole mortgage but could help make a dent in it and help me get my feet wet as a landlord and going through the building process.
What questions should I be asking to determine if this is a smart move or if I should be looking at just buying a second property of some kind?
Thanks!
Chris