New home builds have been way behind the pace of population growth since the crash in 2008, pair that with low interest rates and two of the largest generations in history searching for homes and you get the over-demand we have now.

The more you can use it to your advantage, the more quickly stocks doesn't pair up.

StopTOPABerkeleyIt bothers me that every time I even think about building a pair of rental ADUs, the City launches a new scheme to punish me if I proceed. 

It allows for asymmetric splits in profit/losses and when structured properly will address all the "what-ifs" and how you two pairs will operate the deal.Hope that helps. 

Still,  I've got great video of a pair of people walking up to a tenants car,  pointing at the camera,  then taking about 120 seconds to break into and drive away with the car.   

Think about it, if you were crushing it as a property manger would you want to take on properties  in neighborhoods where you could only send people in pairs?  

Looking at a 3 BR 1 bath value add property and I was hoping to get another pair of eyes on this:Purchase price 105k-16000 down payment  = 89000 loan35k in repairs52k all in w/repairs + DP176,000 arv based on area comps I’m hoping to cash out refinance into a loan for 176k:176k ARV - 89000 Loan = 87,000 x .75 = $65,250This would leave me with 13k on top of my all in. 

You are in a great situation if you can pair with the right no doc 30 year lender, like the company I work for Brrrr Loans.

The process is simple though, pair with a lender, agree upon terms, order new appraisal for new value, 75% LTv will most likely be the max.

Pairing with the right lender makes all the difference, don't be afraid to shop around to find the best rates and service.