.: Quote from @Alan Asriants: Hey Carlos, all depends on your lot size, what kind of unit you can build there and the rental return you can get. 

@Jay Fayz Do you have a source of regular income? 

Whether you want an Airbnb in a vacation spot you can use or a standard single-family home in an appreciating area, there are many options.

They're low LTV (generally 60-65%) I suggest you establish a relationship with one, as they tend to know the market and industry better than almost anyone else.

And you’re still not in Nazi Germany.BUT, Donald Trump is about to make a lot of people rich.

One of my commercial RE agent friends  here moved out there. 

No one has any extra money to come up to the mountains it seems.

A hands-off garage conversion ADU is over $100, even doing much of the work yourself, it will be much more expensive than your estimate.Single ADU additions in single family zoned areas are typically one of the worse re investments. 

My Dallas property has been one of my best investments, but it's only been about 9 months. 

One schedule E is likely easier.Two Schedule E: If all 4 units are the same size then you are going to have the following: Schedule E #1:  for 3 rental units that is allocated 75% of shared depreciation, expenses, etc.