Where we expected to gross between $30-40k, we are grossing $60k and generating around $2000 per month in cash flow.

Maybe not for my generation, or even a youngster like @Jay Hinrichs, but for the bitcoin investing/trading generation, it’s probably something they’ll have no problem going with.  

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

During this time you are not generating any return from the money invested in the ADU.

With the right PM, you’ll have peace of mind knowing your property is in good hands and generating steady income.Good luck with your search!

They also get a small bonus on every review they generate.

By systematizing these areas, you can shift from a reactive approach—where deals dictate your strategy—to a proactive model that generates high-quality acquisitions with reduced risk.2.

But timing and planning are crucial.Here's what you need to consider:Future Passive Income: Do you expect to generate passive income from other sources?

Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.