Additionally, you can check out local networking events or conferences, such as those hosted by the Columbus Chamber of Commerce or real estate organizations.

If you're talking about building additional square footage, it's almost always a non-starter.

Main house rents for 2100/mo and I have an additional lot that I rent to a tiny house for $660/mo What made you interested in investing in this type of deal?

Hello Dana, For that purchase price in Brooklyn, NY, you could be looking at considerable unknown expenses at this point.If the property is occupied, you'll have to factor in attorney fees and holding costs while you wait to gain access to the property.Furthermore, you could be facing additional costs related to title issues: open permits, violations, liens, judgements, etc.

Have you underwritten the deal from the perspective of: 'If i fully rehab the property, in addition to repairing it structurally of course, how much can I sell it for?' 

Additionally, if there is a recorded tenancy agreement, the ADU can be sold as an independent unit.

Not saying it cannot be done but be aware that these programs I have heard good things about but also recognize timing and you may have a great education but bad time to implement

Here's some input to help guide the decision between selling or renting the property, considering the specifics of the property and the potential additions like the ADU (Accessory Dwelling Unit):1.

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

By having additional parcels, investors can generate more equity and value compared to simply adding an ADU.