While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.

2- if there is a “problem” Will the “solution” discussed solve it in a cost effective, consumer accepted way?

The family viewed the house, loved it, and requested that I install satellite TV and add it to the costs, which I did.

I've already picked up some great tips, like focusing on operating costs, using comps for ARV, and the unicorn-like nature of good contractors.

There is a reason why I buy properties that cost a multiple of what typical cheap rental properties are going for.

be sure to stick to your 70% rule for the flip, know your numbers. run everything conservatively. overbudget for time and costs but 15-20% Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

And then also do you typically repay each partner their upfront costs from the profits before then distributing profits?

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

Also, the turnover will be much lower, but maintenance costs might shift too, so it's good to plan for that.Happy to connect if you need more tips!

Cost to Rent vs Own and Return to Work PoliciesThis can mostly be attributed to the massive increase in home prices, particularly from 2010 to today, making people opt to rent for longer, especially today in the elevated rate and home price environment making renting the substantially cheaper option, on top of historically low inventory to choose from.