Good afternoon, I am new to real estate and investing.  

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Investment Info:Single-family residence fix & flip investment.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Investment Info:Single-family residence fix & flip investment. 176 Wildwood Road is a single-family home located in Sag Harbor, NY 11963.

How long have you been investing yourself?

There are other ways to determine rental amounts like researching in zillow and/or rentometer, which I typically reference.

Alternatively, if I can find a lower cost single fam home where I can cash out 100% of my investment I would do that but those have been harder to find recently. 

Quote from @Jordan Kaylor: I'm new to real estate investing and have secured a HELOC on my existing home.