Hey @Jaycee Greene someone on our team handles the acquisition and lending/banking portion, we only do the monthly bank draws for construction costs!

I personally do not prefer to hold high cost SFRs as LTR investments.  

First question would be: what is the cost per kwh vs cost per gal of LPG?

In southern CA, even garage conversion ADU additions are typically costing more than the value added.  

Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc. 

This designation doesn’t cost extra or give the manager access to insurance payouts but ensures you and the property manager are aligned during incidents, such as tenant lawsuits or insurance claims.

I would also send the insurance company this same letter and tell them they are going to be responsible for the cleaning and repair cost.

Looking for something with low acquisition cost, and meets or exceeds the 1% rule.  

I predict that the substantial home price cost savings and greater control they enable the buyer to have will make them grow in popularity.

  ( Maryland )  Small parking lot 12 cars plow and salt $450 . 2 in trigger Costs are regional for sure