Capitalize on consistent cash flow & appreciation, potentially tap into equity at year 5-7, get out & re-invest between year 10 & 13.

They saw ahead that these jobs take a toll on you so bought RE and now live off RE in one form or another.

Hey Daniel,A great way to start connecting with other investors is by attending RE events and joining a local investors association.

I would obviously plan on re-financing when the time is right, which would make the CoC returns look a whole lot better.

Let me explain:50% rule = tells you nothing of value, means NOTHING, 1% rule = tells you nothing of value, means nothing$100+ cash flow/month = means you are making $100/month in CF per month.Why do you want to invest in RE? 

Generally your hours working at BP as a W-2 employee would not be part of RE professional hours unfortunately.For those who are RE professionals, gain on sale of rental real estate is still capital gains and still avoids self employment taxes just the same for those tho are not REPS so there is no downside to being a REP in the example you provided Scott. 

The negative equity position is one reason (there are many reasons) why adding an ADU is one of the worse RE investments.  

It looks like your family is all-in on RE, I'm happy for you guys & wishing you all the best.

We gutted the interior down to the cinder blocks, re-designed the unit layout to fit a more modern lifestyle.

The click on / locking type seems like what most investors use, but repairs seem difficult without having to re-do a large area.