Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

On the buildings that require plowing, we have a great vendor who charges far less than what you are paying.

How do you think the 2 relatives will feel about having their rent raised or being required to pay rent period?

What are the density requirements?

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

It will probably require $100k plus to proceed.

The strategies require a good amount or luck and effort and sometimes finding and taking advantage of a seller with equity.

Newer construction code requires better earthquake-proofing, but it's still aimed at preventing a building collapse rather than holding the value of the structure.About 15 years ago there was all the talk about "100 year homes" but I haven't seen much come of that.

@Brady Bitter these funds have margin requirements. 

We only require a soft credit check as well.