I always like seeing new concepts for housing that can be used for various populations.

As for valuation, I see no reasons why a Junior ADU would negatively impact additional housing unit.

Always use a property manager to keep your real estate investments as passive as possible and keep you compliant with Fair Housing laws.This way you can learn to manage the property manager and learn from experience as you go.If you buy a bunch of properties all at once, they may not all fit your buying criteria, there may be deferred maintenance that needs to be dealt with all at the same time, and you will not have accumulated the management experience building your portfolio one at a time.To Your Success!

We currently still have the AK condo rented out and have bought a house in Phoenix that we are currently are fixing up. 

Whether you’re considering house hacking, turnkey, or multifamily, there’s so much opportunity to explore.Feel free to reach out if you’d like to connect or bounce around ideas.

new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.

Option 3: Pay large down-payment on modest rent ready house. 

However- as the land around them develops, the house will become worth less on the retail side, but at some point, a developer will come in and pay way more than the retail value in order to include their parcel in a larger development.

My plan is to start house hacking.

Now, the house that is about to refinance, I am thinking of turning into a MTR for traveling nurses, or other professionals as such.