If you conduct yourself as a serious investor truly looking to work with that PM than they will likely help you through the process, especially if you use them as an agent.

The rules are also very landlord-friendly (no 12-month eviction process!).

Congrats on getting the home and starting the process.

My goal is to gain a solid understanding of the process, master deal analysis, and ultimately close my first deal.Right now, I’m focused on learning the basics — from finding motivated sellers to building a strong network of cash buyers.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

- If they are not making their payment, start eviction process with an experienced landlord-tenant attorney.

We had a mentor guide us through the process.

As an agent, I personally would love to hear your thoughts on how the implementation of AI will affect agents system processes or how it already has, however I would love to hear about it's impact in all facets of real estate.Apologies if this is a repeat post, I haven't searched much on the forums for this yet. 

This clarity upfront helps set aligned expectations and creates a smooth start to the renovation process.

Achieving a great cashflowing property, learning the process while executing, and great satisfaction of helping a family.