Still, if you aren't whittling down the number you are analyzing financially to a small subset you see before deciding what to do, you are missing an essential part of getting to the tipping point of expertise in your field.

It is essentially a question of what you want to do with your time. 

Happy to connect if you have all essential details.

I have a duplex I bought in 2019 for $62,000 that was essentially turnkey (off-market).

@Eric L Conry you are essentially borrowing on your property to buy stocks.

So, just so I’m understanding correctly, unless the ADU has a driveway for parking of its own, then rent rates might go down on the actual house bc, essentially, the property land is being shared by different parties?

In the meantime, you're paying interest on the $448k.If you did your 3rd option, the seller is essentially becoming a Limited Partner in the deal, which I wouldn't advise unless the seller is very sophisticated.

Consider whether an LLC is right for you—it can provide liability protection but isn’t essential for a single property, as personal liability insurance and an umbrella policy may suffice.

Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.

Essentially, is it advisable to acquire my first investment property within the first six months of arriving?