. : -) I would take 5 grey haired carpenters over 10 of the guys we're seeing these days.

Please make sure no matter which market you pick, you have a solid team on the ground picked out, and a good understanding of the market you choose before pulling the trigger.  

Because they think it is going to lead to riches and they have no idea they’re looking down the barrel of a loaded gun with a trigger that is going to get pulled within the next 24 months.

I built my ADU in 2020 before SB9 passed, which put my original house under rent control because it was built pre-1978(2 units on the same lot triggers rent control if one was built pre-1978).

Next renovation I will have it outlined & ready to pull the trigger when ready.   

Note:  We still pull the trigger on some deals even if it's just below are target numbers. 

I’m just looking for someone to give me the dough to pull the trigger on it all and have my builder do finish work, plumbing and electrical.I’m pushing back the work I’ve contracted so far because of lack of financing.

.  -- I'm not kidding re this level of detail digging today --   Your hair should be standing straight up re having a turn over!!

I decided to pull the trigger after a few years of listening to this podcast and reading up on posts in this forum.

I have done it several times now and have also tried long-term rentals vs. short-term rentals as I've house hacked.My response to your question may differ from others, but my advice would be to pull the trigger on the condo if:1.