Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

If you're just starting out, I recommend getting comfortable speaking with sellers over the phone.

It's not a risk I am comfortable with but some people are. 

And of course make sure the property is comfortable and clean.As for cleaning & maintenance, I found few companies who can take care of that.

We in the BP community can help you figure out the financial choices if you choose to share your numbers but at the end of the day there's also an emotional cost to be considered with either choice and you have to decide that for yourself.You're welcome to respond here or message if you have any questions, I'm happy to help you take a look at numbers if you feel comfortable to help you break down your options of keeping vs selling so that you can make an informed decision

I was out of my comfort zone at the time but I didn't over-leverage myself or capital.

@Lucas Gomez investors in California and Washington face the same question.You'd need to analyze the trends and get comfortable with the risks, but it's done all the time.

It will also be difficult to find a licensed contractor who will feel comfortable signing off on the work if they didn't do the work themselves. 

I also provide hand sanitizer and shoe covers for all visitors. 

@Andrew AcunaPlenty of arm chair investors that don't know the difference between a shoe horn and shoe molding.Regrettably the majority of tenant problems are created by incompetent landlords.You have read the posts....my tenant regularly pays late.