Howard Marks has a fantastic book, Mastering the Market Cycle.

Originally posted by Howard Salpeter:I totally agree with Bryan.

But, if you're willing to use leverage, you should be able to get 16% CoC in some decent areas around Baltimore County and some other counties (outside of Howard and Montgomery).It would likely require you to buy 2-3 properties to get the leverage you need, but it should definitely be doable.

Calvin Howard thanks for the link!!

@Zack Howard So would you say just sign the new contract with them and write him in as an accepted guest via addendum and that the tenants are responsible for him? 

Howard Knutson Karen O.

@Canneton Howard Thats BS.

@Ronnie Howard thanks for the tip.

If there's one DJ I hate more than any, it's Howard Stern.

I didn’t include closing costs so that would be additional expense (which I wouldn’t have with an ADU).Yes, I think if we went with a SFR in Tracy or Sacramento area, it’d still be a buy and hope it appreciates (too bad I didn’t have the funds to buy a few years sooner).Other concern I have is if I’m not able to find renters.With the ADU, monthly liability wouldn’t be as much as a SFR.As I mentioned to @Ben Howard, I focused on Rocklin based on school rankings.We applied for $100K HELOC (didn’t want to refi because I’d have to start paying interest on larger loan amount from day 1 vs. paying interest only when I use the credit.