Just make sure you have all the required permits, including alcohol.

Make sure you fully understand the market you’re investing in, including rental demand, property values, and local landlord-tenant laws.Building a good team early on is also key.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

When its included in a lease for real estate then the laws pertaining to residential rental security deposits in your state apply but when its separate you should have more leeway to get some additional deposit to protect you.

@William Bohan as others outlined, there are several logical options, all with pros and cons (of course.) 

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

How much land is included?

Once you become licensed you subject yourself to all the laws required of licensees, including the requirement of broker supervision.

of those I like next door best because it is hard to fake and the reviews are easily tied to a reviewer in your community.The costs of ADUs vary significantly for various reasons including by ground up vs conversion, difficulty with lot (sloes, access, etc), finishes, and even the size (bigger typically have lower PSF).Good luck

Include balloon payment after 5 years.