The  fact that Scott looked at my profile and gave me candid and action feedback on something that I've spent YEARS building was trully incredible and honestly worth the cost of admission just for that one breakout.  

Theoretically, I would guess an ADU adds value to the property because there is an additional income producing unit. 

To be worth the effort, it should produce return significantly greater than passive options.  

Take This Action NOW:To learn more,US Treasury dept, “Financial Crimes Enforcement Network” Disclosure: Janet I.

I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.

I just created an income producing asset creating $600/month in positive cash flow with none of my own cash invested.  

I’m guessing due to the bank having the ability to freeze and see the facts, it wasn’t long. that certainly could have been a lot uglier without swift action!

Remedy after termination.If the rental agreement is terminated, the landlord may have a claim for possession and for rent and a separate claim for actual damages for breach of the rental agreement, reasonable attorney fees as provided in § 55.1-1245, and the cost of service of any notice under § 55.1-1245 or 55.1-1415 or process by a sheriff or private process server, which cost shall not exceed the amount authorized by § 55.1-1247, and such claims may be enforced, without limitation, by initiating an action for unlawful entry or detainer.

Fortunately the appreciation has produced outstanding overall returns.  

The governmental action discussed is a two part action.