Can you give more details on your numbers, purchase prices, rehab costs, time to complete rehab, ARV, monthly rent?

I would only underwrite based on actual rents not proforma.

For the residential side, check nearby apartment rents and recent sales of similar mixed-use buildings to get a sense of value.

Verify income: Always make sure they make 3 times the money required monthly for rent.  

I have lived in Hawaii for many years but now that I’m a traveling healthcare provider, I am off island more often than not.When I’m not on contract I would love to have a place to return to and when I’m away I would love to rent it out for some additional income.

I am located in Western, North Carolina, right outside of Asheville.

Thank you Murrieta Menifee Winchester Temecula Riverside Update: this ADU is finished and rented out.

How much rent are you getting and are you planning to buy more properties?

I spent many years managing myself and personally collecting rent checks. 

So if, for whatever reason, laws change and you can't rent it out on Airbnb, etc, it still cash flows if you need to rent it out to a traditional long-term tenant.