To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

It flip flops, it actually makes them more intrigued.

I would be surprised if my underwriting would show only a $5K/month negativeIs it San Diego city or San Diego metro area but not the actual city?

@Chris Kittle I’m not an attorney and could be completely wrong, so please consult an actual attorney before you do anything no matter what people say here.

Are you actually building the ADU or contracting out? 

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

i'm considering trying to invest in CT at some point (I used to live there, I own a property there and have part of a business network, and I have family there) and just out of curiosity, I actually looked at new housing starts in CT vs.

We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.

The laws are off-putting but I don't think that's a real reason not to invest there.

But please thoroughly educate yourself on what "landlord friendly" actually means on a case by case basis.