None of this seems concrete and there´s no solid way to make any logical conclusions. 

You can't find 2% anywhere on long term rent but to get that in CA with CA appreciation is massive.

Guesty for Hosts $21/mo  - time saver, guest automation cross platform, direct bookingRing Cameras $20 /mo  - indispensablePrice Labs $35/mo   just started this a few months ago, everyone is like A+++, jury is still out for meHostfully Guidebooks  $20/mo  improved guest experience and email collectorREIHub  $23/mo    just started this year, another time saverZapier  $20/mo     massive time saver as this automates RA and does record keepingSignNow  $16/mo  Peace of mind and meeting insurance obligationsTotal = $155/mo or $1860/yrTo me for what these services provides, the $155/mo is less than half of a an average 1 night booking.  

1/4 drywall over popcorn ceilings and wallpaperMudjacking can be an alternative to replacing concrete in some cases.Resurface old tile, tubs, and countertops if they're in good shapeDefinitely vinyl plank in rentalsNew scratch and dent appliances, if you can find them.Amazon for pretty much all plumbing and electrical fixturesRip down  3/8 plywood for cheap shiplap.Using contractors who are budget conscience can save a ton.

As a GC, able to perform all the work myself, I saw massive value add potential with this property.

So if your payments total $20k to them for the year that would be their gain for the year and it keeps them at a much lower tax bracket instead of having a massive gain all at once.

I highly doubt he is building homes in Texas from his self imposed exile to Portugal to excape massive litigation that was/is coming his way.He is a marketing guy and receives a commission for referring you to the builder developer who actually owns the properties.. at least that was his SOP in the past. 

I've heard a few opinions on this, and I've seen varying evidence in my market research.As an example, just this evening I'm pulling sold comps for a house and one of the highest sold price per sq ft comps is located literally right next to a railroad track, and has a massive commercial building right in front of it.

The quote states:- Demolition of and reconstruction of the existing garage and concrete foundation as necessary- All electric ADU fixtures, appliances, and systems with electrical panel upgrade for the main house (?

Lost days of work, had to cancel concrete trucks, etc...But I get the concept and agree in principle....but only for really important and potentially dangerous stuff...you wouldn't believe what I've seen out there.....