@Timothy BoydHi Tim, I know I am late to the party, but any chance you can share your contractor's info to me as well?

Equity is great on paper, but it may not mean much when the first position balance has grown exponentially due to accrued late fees and penalties and the property is selling for maybe 70 cents on the dollar at auction. 

Depending on which article you read, there's between $26B and $30B under construction and in late planning stages in the metro area.

Can I charge him my late charge which is currently $100 after I get the rent on the 19th? 

And once I finish the due diligence, my work is done: it's completely passive.

We do not have any bookings until late November, but want to keep the schedule open for potential revenue.

A little background though...last spring we finished a long renovation by mid-May and didn't get the house listed on AirBNB and Vrbo until early June, which was much later than we were planning, and we still filled the rest of the weekends for the summer.  

Hows the Akron market been looking lately? 

In your case, you might have to finish the main units before applying for the ADU. 

However, tenants have not been great, basically late on rent and/or leaving repairs that eat all profits.