If it is working with subs, a GC license won't help that in any practical way.At the end of the day, it depends on what you are looking to achieve.  

Those losses can be substantial, by the way within an HVAC system-Again I doubt these technologies would hold up under scrutiny within a court of law because all it takes is one person with even a basic grasp of principles of engineering and you’d find an easy 10+% delta in these systems’ measuring abilities.

Only difference I see with my practice is outsourcing more services.   

- What are some best practices we should keep in mind to keep maintenance cost of the ADU to the minimum in the long run?

@Robert QuirozBuying with cash offers higher immediate cash flow, no interest payments, and less risk, but limits your ability to diversify and leverage.

Good to see the city make some practical decisions.  

Networking is always a great practice and you never know who you might meet there and what good information they have to share.

FULL STOP  Your ability to make such a profit will depend on your ability to manage the asset better than the prior owner.As a seller, the broker should be helping you determine the price point, at that time, that attracts enough buyers to achieve an optimal sales price.

The way I see it is most homes will cost you 25% down and renovations out of state will be difficult or very expensive so the ability to force appreciation becomes tough.  

Who is responsible for cleaning the construction site and keeping public walk ways free and clear of construction debris since you are in CA without the ability to monitor the site?