Yes we ask towards the top of the market, but I anticipate my holding times (which are in line as the short supply in my area is able to work for me) and build that in. 

The tenant was in the building when I bought it (I've owned the building for 2 months) and he claims to have an insurance policy covering them.My insurance company is saying they'll drop my policy on the building if the pitbulls are there even with the tenant's insurance policy.The dogs are very sweet but the tenant lets them run free and they often go into the neighboring property, resulting in 4 malicious animal violations from animal control in the past year.Any thoughts on how I should handle?  

What ever area you look at make sure to look at the age of the building.

.,,,,,, instead of building wealth

Personally, I’ve been looking for ways to align creativity with the numbers, whether that’s finding undervalued properties, building relationships with local agents, or pivoting to new strategies.

The initial plan is a 1200 sf build out with plans to expand back away from the cliff later as finances and interest rates are more favorable.

The current tenant was already in place when I purchased the building, and their lease is set to expire in a few months.

I'm here to grow, learn, and build a community in the Staunton, Virginia area.

Anyone who managed to do this probably did it 5+ years ago when the market was very, very different.If you borrow $200,000 to build an ADU, I suspect you would need to rent it for $5,000 or more to make the numbers work.

It offers unique advantages like equity building, tax benefits (e.g., deductions and depreciation), and an inflation hedge, as rental income and property values often rise with inflation.