In my analysis the cost for an ADU in kern county would run about $85K and I have saved about 75% of that right now.  

If this were my property, I’d run a detailed rental analysis (from what I’ve read in Forbes) to see if the short term route could outpace traditional leasing.

What are you looking for in terms of help rents, market analysis, or bit of everything?

Utilize financial analysis and market research to make informed investment decisions.

NOI: $49,536CoC ROI: 16.57% / CashFlow: $1488/moPro forma cap: 8.26%Purchase cap: 11.79%Check out breakdown below 👇🏾 https://www.biggerpockets.com/analysis/rentals/6c76954e-deb6... 

From what you said, you have been stuck in analysis paralysis because you are too spreadsheet-centric.

Later I might read The Book on Rental Property Investing by Brandon Turner, but I need to be wary of succumbing to analysis paralysis.Any advice/comments regarding my focus on condos would be greatly appreciated.Thanks much,Daniel

.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.  

Hey guys,My team and I put together a 5-Minute Deal Evaluator that helps people quickly underwrite deals in about 5 minutes! Connect with me if you want a copy! This thing is a gamechanger!

McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.