You cannot beat the power of an ADU for peace of mind, leveraging your home to pay less monthly and reduce your expenses and give you the experience and confidence of doing constriction, getting permits and working with the city and managing a very easy rental.

Better to have your own property manager use trusted handymen to take care of the issues for long term/quality fixes. 

Because parties to a transaction care about things OTHER THAN the price of service alone. 

You'll want to hire a licensed loan servicer to take care of that for you (Provident, Madison, FCI, etc).

If your rate is low on the 5 unit, I might consider the possibility of a line of credit for my equity instead of an entire new mortgage.  

I always say 'I don't care what cap rate I buy at, I care what cap rate I can turn it into'I built Market Analysis and Sales Comps tools for my local SoCal market that will let you analyze the current or terminal property & units, from wherever you get your deals from:Sales Comps & ARV estimate:Sales market analysis:Rental market analysis:Would love to discuss how to make your extension that much better!

Remember, this is still a sales type of business so be very careful on who you choose to work with.

Maintain a credit score of 620 or higher, save for a down payment, and research markets carefully.

Investors typically won't care that you're representing the seller and others will prefer that you're direct to seller.Listing it on the MLS will get the most inquiries for the property.

I was told they take care of everything when setting up LLC.