It's technically not an ADU if it's the only property on land as it's an accessory dwelling unit to a main unit.

Colorado Springs is a beautiful place to live and will continue to attract new residents from all over the country for decades to come! 

I do however, have full availability on my HELOC, various credit cards that are offering me 0% balance transfer checks for up to 12 months, and various retirement funds (Roth IRA, traditional 401k, etc.)I'm already a homeowner in SoCal, but I want to buy my first LTR SFR someplace like Cleveland since the price point is attractive.

Rent controls will be a real issue if you are planning it as a rental investment which in fact reduce the value of the main house as a rental.

Definitely need pics of the back yard and info about local area such as schools, attractions etc.  

I have 4 long term rentals in my portfolio and I am mainly focusing on investing in single family homes in Traid, NC. 

For me, I wanted to portray my real estate investments as more professional and that was the main reason I switched to using landlord software for rent collections. 

The main reason I would like to start off my career with flipping a few properties is so I can have a quick ROI and I want to do real estate full time as soon as I finish my contract.

My main goal is to invest in real estate in the future, but I want to understand how everything works first.

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .