If you sold it, what would you do with the money and how does the return compare to what you get now (factoring in the amount of work/stress with each option)?

You will need to factor in rehab costs, which could easily eat up another $50-75k depending on the condition.

Normally I would agree but if we are renting out the main house I don't want them paying for the ADU. 

Look up @MarcusMKE, that is my main channel.

What Ray predicted seemed to make sense, but unfortunately there were other  factors that  interrupted his predicted scenario. 

Look at T-bills vs hard money loans for extremes in rates and risk factors. 

The best market for YOU, is the market that fit's YOU; you're situation, your preferences, you're resources, your knowledge level, you're risk aversion and about 40 other personalized factors to you. 

I have sold a couple of homes in Wayside village by Rausch Coleman and the monthly rent price depends on so many factors so I can't answer you a Yes or No.All the best. 

A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.

I was drawn to this investment mainly to test out the new padsplit model.