We would now like to increase our access to cash via a HELOC that incorporates the new ADU in the appraisal. 

@Brian Quo50k increase per year on say a 1million dollar house is 5%.

@Calvin Thomas Grant funding I think will actually increase prices as the grant money comes from taxes so you are paying it anyway.

You'll potentially increase your stress, fail to replace your lost income, and possibly lose part or all of your investment property equity.Focus on replacing your job and stabilizing your finances.

So I actually started off doing PPL but after a couple of months of using them the price exponentially increased.

I used the calculator today and it was adding cashflow during rehab months 🤦🏻‍♀️I also noticed that rent did not increase for years 2-30. 

Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?

These strategic improvements modernized the home, making it move-in ready and increasing its desirability among buyers.

Looking back 10 years this complex had dues increase for most years at around 3% but for 2023 it was 18% and 2024 19%. 30+ year old complexes really start wearing down and many times were not the highest quality construction.

There are certainly investments you can make to increase the principal in the net 5-7 years.