I have found a lender who has given a soft okay given the limited data I have provided.

Try to secure soft commits while you are looking for deals.

Two-bedroom: 600-1,000sfADUs that have two bedrooms range in their rents from $1,800 on the low end to $4,500 in areas such as Westwood & Hollywood Hills.Three bedrooms: 800-1,200sfThree-bedroom units have been ranging from a low of $2,400 all the way up to $5,000 in areas like Valley Village and Topanga.Below is the annual return analysis of investing in building an ADU for rental income, but doesn’t consider the increase in your property value by having an ADU when you go to sell your home.Studio (garage conversion)Let’s estimate the all-in costs including construction and soft-costs are $100,000.

Currently the property is listed at $ 2050, single family residence with 4 beds, 2.5 baths, about 2000 soft.

I dont want more furniture bed liNens dishes pots n pans towels light fixtures etcDo you?

The soft costs can be handled aside.

@Joe S.We do all three.Our agents use internal comps from our project management department to be able to project out soft quotes for clients.

My main concern is just the lack of actual cash flow after all hard and soft expenses are built in.

I've ordered the BRRRR book from BiggerPockets, and I've listened to BP Episode 327 where they do a BRRRR deep dive where David softly advised against this (@ 1:19:48 in BP 327) because it wasn't efficient, but I wanna learn more and see if it would be a good-enough way to get into real estate for someone in my position.I'm estimating that by the time I'm ready to buy--November 2022--I'll have $70,000 (not including my emergency fund) in cash for everything: cosmetic-only renovations, initial down payment, closing costs, etc.

I treated it with oxy cleaner and just blotted up the stain with paper towels.