If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.

This could affect markets relying on new chip plants, green energy projects, or other manufacturing, leading to increased vacancies and fewer workers.Conversely, markets with well-established job centers will be better insulated.

Already has some electric and plumbing hooked up.  

The main issue is that to do the ADU you have to spend so much bringing other items up to code like electrical, plumbing, lighting (windows) and egress.

Non UL electrical, plumbing &HVAC materials.

Learning how to use the correct tools and materials for a job, YouTube videos and even ChatGPT will help you get through 80% of the problems you will run into.My rule was I would not mess with HVAC, plumbing and electrical Or if it would take more than a few hours. 

Insurers are looking at more than terrain, it's building, materials, electrical, plumbing, and roofs. 

Rod is an ACTIVE mentor, which takes a lot of time/energy. 

We had to do a lot of electrical work, bathroom, kitchen rehab, total paint and a new roof.

I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.