I have found a profitable niche between 8-50 units where larger investors do not focus and there is great upside that is addressable with the property management business capabilities.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

But that depends on the level of rehab, price point and so on. 

I’ve purchased rehab homes on Long Island that were cheap for the time due to the area or condition of the home.

Any new business idea should solve a problem that other existing businesses haven’t anlready addressed IMO, if they plan to be successful.  

We do nice kitchens and stainless appliances, have cleaning service, pest control, landscaping and address any maintenance issues immediately. 

that was not a method that Armando taught in the seminars I attended these were strickly how to find BRRR props and rehab them and then resell or refi and keep.. the Markets we worked were Vegas and Orlando and Frankly those investors who actually bought property doubled their money or more with the deals i funded for them and they bought on their own it was 2011 to 2013 which as we know was a prime buying time and had to hand it to Armando he picked two of the best Markets.. 

We purchased the property with cash and have $120k in cash for rehab. 

@Viji Venkatachalam what's the address of your home?

If it will be owner-occupied, there are a number of compliance issues to ensure you address (Dodd-Frank, etc).