Even if one unit is vacant, others can keep cash flowing​​.Short-Term Rentals in Tourist Areas:Think vacation homes or properties in bustling city centers.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Interesting product, I am sure there is a reason why others are not doing it. 

Aside from the increased rental value, properties that are on water, or have a view of the water, are going to appreciate in value at a higher rate than the others.

Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"

They will let you know what other paperwork may be needed and probably order an appraisal.

_______________________________________________________________________________Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Other then that you can sit tight and let your primary appreciate, save more and explore pulling a HELOC to tap into it.

I have 40 years experience as a real estate syndicator/sponsor and investor in other syndicators deals.

The ADUs that the most experienced are adding leverage bonus density program or other such rules to add multiple units and for the most part they exit.