However, not so far away, we had another investor who tried the same strategy and it failed miserably as comps with standalone ADUs were not adding value the same as in the market not so far away.Research your market, even down to the street in various neighborhoods well. 

Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa.

Make sure you’re clear on how financing works and what your monthly payments will look like.Property Condition: Assess the age of the property, maintenance history, and any potential repairs or upgrades that might be needed.Due Diligence: Work with professionals, like a home inspector and a trusted real estate agent, to ensure the property is sound and fits your investment goals.Analyze the Neighborhood: The location can make or break your investment.

It spans a few different neighborhoods that are all different so it just depends on the price range and where you are looking for.

@Erick HenningsHouston's emerging neighborhoods include East End, Third Ward, Heights, Spring Branch, Independence Heights, Alief, Cypress, Pearland, Richmond/Rosenberg, and Conroe/Woodlands.

I live in a rural residential neighborhood that has recently been zoned medium density (townhomes).

I have a few thoughts on the above neighborhoods...

And try not to over idealize like A class neighborhood/new build. 

Hi there @Brandon Brown - We've done this several times....we recently did a 400 amp service for a 4-unit building in Logan Square Neighborhood of Chicago. 

Hi Braeden, my advice would be to shop around for other companies if that is the initial quote you got.