Most of the time, an ADU will cost 100k just for that part and then you have to actually build the cosmetic part for an additional 40-50k. 

It's a hobby for maybe 80% of the people who say they are wholesalers, and maybe 10% of the wholesalers in SA or any big city actually have a business. 

Home prices have decreased over the last 18 months so there is lack of good options and values still above normal. 

@Stan Mendoza There’s a ton of great info on here but a good starting point is understanding your financing options, getting familiar with the different property types, and learning about the area you want to invest in.

Assume that you're sitting on:$200,000 in suspended passive losses$150,000 in business losses$100,000 in expiring NOLsThe Magic Transformation:That $500,000 of "painful" ordinary income becomes your strategic advantage:Absorbs all $450,000 of those otherwise-stranded lossesLeaves you with just $50,000 net ordinary incomeMeanwhile, your §1250 gain still gets preferential rates:$581,820 at 25% max (unrecaptured §1250)$700,000 at 20% max (capital gain)The Plot Twist:What looked like a tax nightmare actually solved multiple problems.

We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.  

And that one is like what your describing it was a referral ( actually from the SF event) took me a few weeks to find the property and I suspect I did not put more than maybe 20 hours into that deal..I no longer broker real estate except for my new builds in Oregon..

Financing & Loans: What are the best loan options for short-term rentals?

That might be an option.

When I have some free time, I'll research other options that won't cost a fortune for the small guy.