His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now. 

It indirectly impacts the credit score, which would be included in either metric.

. • Podcasts: The BiggerPockets Commercial Real Estate Podcast has episodes on niche asset classes, including hotels. 

I keep scans or pictures of all of all letters I send this way including the letter as readable before it goes into the envelope which includes the tracking number written on the letter, plus the filled out certified mail paper and the envelop after its addressed. 

However, the whole point of making money is to live a better life, which includes caring for family.

@Nitesh Chand Does your lease agreement with these tenants include verbiage for if you sell? 

That does not include any capital expenses. 

This would include adding another bedroom and making it a full 2 bath.

Typically this takes 6–9 months, including 2–3 months for permitting and 4–6 months for construction.You can browse their current plans online, with design costs ranging from a few hundred to close to $2,000: ADU Fast Track Plans2.

Or the listing agent includes it in the property info on their website, or shares it when a showing is scheduled.