And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.

You've earned $132,000 more by splitting your money and leveraging it.There are other benefits to leveraged homes.

Split up into smaller bags.  

"Hey man, Im broke can you spot me the earnest for a split?

With that in mind, which approach do you think works best:1.Use property management software (PMS) as an intermediary to automate payments and fee splits while reducing legal risk and simplifying operations?

Plus, years down the road, I plan to split my time between SF and Detroit, so this would be a step in that direction.Another major focus for 2025 is a personal project: we recently completed a large ADU build at our primary residence here in California.

I would want to see if you could partner up with someone and split the profits 50/50, 60/40, or 80/20..

Right now between my house and ADU, we split the water based on the square footage. 

I haven't used this company yet but many people have stated that Lickety-split in Jax can help resolve the issue.

Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.