Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

The tahoe STR rental activity is down this year compared to the last 5.

Has a ten-year-old roof 3-tab, but the condition is more deteriorated compared to its relatively young age.

I needed to replace one, and they are very expensive compared to a standard 30” model.

Simple answer is it depends on your market and what other comparables have @Natali Cobb.If you are doing a renovation already, then it makes a lot more sense than not. 

Basically put together a list of comparable apartments that are currently available for rent.

Most off market purchases cannot easily be comped with mls properties that comparatively have no risk and are in much better condition).so …Pay for a fixed fee mls listing with the property already under contract.  

I started calling other mobile home parks nearby, to get an idea of comparables.

So many people get what you are dealing with.How you invest the distributions are really a personal risk vs. reward and risk tolerance point of view for you and your family.

There is a chance their unit is also pretty dated compared to the others or others in the same neighborhood.