I've been getting this question a lot lately.

Hello all,My husband and I are a bit late to investing, but we know it can help supplement our retirement. 

As an owner builder, I built 3 ADUs and 1 JADU (subbed out the structure build and I did all the finish work).

I know this is late.

I honestly believe that the cycle isn't finished and there are still good deals to be had, but you can determine that for yourself by doing some research. 

If talking to more builders does not work out to join you on transaction #1+ and you have enough capital and heavy rehab experience along with a GC / builder doing the project many lenders out there will offer you a lower leverage loan for your first project on your own.  60% finished value and 75% LTC is probably achievable without a builder in your company for the loan. 

We live out-of-state and they ended up draining our reserves and now we're stuck with a project that we can't afford to finish.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

You could rehab a distressed property using a fix-and-flip loan and then refinance the loan into a long-term DSCR once the repairs are finished.

I've been through several property managers and properties in various areas and its always the same ****, late or no rent, expensive turnovers, and just lots of headaches..