Some of the heavy hitters here in Chicago discussed the ADU program with a very nice person from the building department.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I buy houses in the Memphis market.
Terry Clothier REI Nation

Does anyone have a "program" or formula to use to establish a reasonable list price based on current income and expenses.

Wow, what a rollercoaster 2024 was for the housing market.

Here’s what I did when I withdrew from the STR programs.  

Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find. 

It is extremely hard to find programs for 0 experience simply on the 1-4 unit side of ground up construction. 

Steady Growth – Home to Ohio State University (the largest college in the U.S.) and major Fortune 500 companies like Cardinal Health, Nationwide Insurance, and L Brands, Columbus attracts a steady influx of students, professionals, and job seekers every year.Strong Rental Market – With a growing population and a high demand for housing, rental properties are in constant demand, making it a prime market for investors.Affordable Prices – Unlike other hot markets, Columbus still offers below-national-average home prices (around $275,000 median), giving investors a chance to buy in before prices climb even higher.

With $1100 in cashflow, a skilled investor who understands the section 8 program can kill the game.