Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund. 

I would guess an older home might be more cost to insure?

And that depends on how you view the costs. 

Ask an attorney for the cost breakdown, factor in holding costs, assume they'll do more damage on the way out and then ask for a bit more for the headache.But again, especially with no experience with evictions and it sounding like a mess, I would be very tempted to just walk if the tenant is not going to cooperate. 

If it costs $100,000 to install an ADU and it rents for $1,000 a month, then it may be worth it.

To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.

Attorney’s Fees; Collection Related Costs; Jury Waiver.

Quote from @Seb Ko: What's your opportunity cost for waiting?

A post on recapture.People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!

The forms are online, and it costs $100 per filing.