You do have to get a good cleaner and handy person which can take some time.I agree with HOA's.

A new person moves in and she says the upstairs neighbors are creating a ton of noise.

The question is, what is the intention  of the owner, not what would a reasonable person think is the intention of the owner.

The vast majority of contractors won't want to give bids on properties while under contract unless they have a relationship with that person from prior jobs.

My personal preference for a buy and hold would be an already established area (or an area that's still gentrifying, but has already seen significant progress). 

The primary residence exclusion is $250k per person on title.

I personally think there is just not enough comps yet to show the true value of ADU's.

I have no experience personally investing with them.   

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today.