Are you able to field showings, take on liability, and get the highest amount for the property from extreme market knowledge? 

I bought my first rental when I was 21 (in 2017), 5 years before i bought my primary residence with my wife.I an extremely glad that I did so.

I'm extremely grateful to have a community of real estate investors to reach out to for help.

By that I mean issues arise that may not necessarily be your fault and when they do and a claim arises, the LLC not you personally will be listed as the defendant (unless you are dealing with a scummy attorney which is extremely rare regardless of what those using scare tactics to sell expensive asset protection systems may tell you).

Their rates are extremely high for new investors compared to other hard money lenders, and they include a lot of junk fees. 

and if you can't get approved for a conventional loan, you may be eligible for a DSCR loan.with that said... i am extremely skeptical that you can cash flow $500 a month including the debt service on the mortgage AND the HELOC plus all the expenses. 

But, due to being self-employed, it is extremely difficult to get accepted for any kind of FHA loan.

A serious, no-nonsense buyer should totally consider this.Interestingly, most of the people who pursue this route with us are extremely analytical types: quants at hedge funds, engineers, accountants, lawyers, etc...

Then at the end of the month/quarter you just have to do the math to deduct their usage from the total and bill it how you want.Best option for me going forward is to simply not look at properties that aren't individually metered already haha

Just because you add an ADU doesn’t mean it’s going to add enough value to recapture that $300K.If it sounds slightly out of your comfort zone a simple conversation can be extremely impactful Thats where breaking down the payment management tools, local experts on small repairs, credit and background checks for renters, all comes into play.