Thank you Pat for the encouragement and advice!

Quote from @Jed Butikofer: Quote from @Jake Andronico:Great to meet you @Jake Andronico and thanks for the words of encouragement!

However, I emphasized the importance of open communication and encouraged them to reach out proactively if they foresee any challenges with future rent payments.

If that is the case, I would encourage you to intentionally start making connections with successful real estate investors.

I encourage you to be flexible but still be sure to use sound judgment.

When ADU is complete, rent it or move in and remodel main house.After a few years, I think it is highly likely (again wouldn’t count on it, but would leave the possibility open) that CO allows and encourages those who build ADUs to subdivide their properties so that more people can own their homes.sell the ADU and main house separately, benefit from enormous upside.

This is a great point. and encourages me to keep monitoring and changing the price. 

Now i am capped at the rent increases i can provide to encourage them to give notice (one reason it is important to keep rent near market rent) and i no longer have the option to not renew their lease.there is a reason spa very large percentage of economists are anti rent control.

Thanks Johnny for the encouraging post! 

so, i just encourage you to be conservative and cautious.