And I don't think it is as clear cut as people are saying.

Mistakes I see people make is they plan on living there a short time and over renovate the property where they will never get the money they put into it back. 

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

But I find that most people want to invest in areas that are solid and that don't have bad tenant quality.

Now, Christian hasn't been active since 2023...but sometimes people just read things and don't respond very much.Now, the things I would share with you in your inquiry here:1.

I find single ADUs are mostly being added by people with minimal RE investment experience often without a clue as to the value that will be added by the adu addition.  

So don't be confined to just areas/markets that you know people in!

One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married. 

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances. 

The challenge with unsafe areas is (1) potentially higher cost of maintenance such as broken windows, etc. and (2) this is by no means meant to be discriminatory but anecdotally from people I've spoken to the challenging tenants tend to be at the lower price points.