If so I feel like you should be doing fine on revenue.

Always have a clear exit strategy, whether you plan to rent, flip, or sell the property down the line.If you or your son are looking for more hands-on guidance, feel free to reach out directly.

It seems like a good idea, but I feel like I am missing something here.

I'm getting up there in age and feel like I'm getting a late start, so I'm looking to avoid any unnecessary steps along the way.

Inherited tenant really left me feeling like I should’ve bought it wmpty.

However, having an experienced real estate agent or investor in your network analyze comps adds an extra layer of confidence.If you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you! 

Feel free to reach out if you ever have any questions!

I feel my money is best spent building a portfolio of cash flowing units.

Would cash-flow very little.Obviously, a combination of the above is possible (pre-sell all but a few units, nullifying the profits, and therefore taxation).My feeling is that the first option would allow me to use profits to build something bigger (e.g., acquire another plot). 

The ADU will bring in around $2800 net per month.