I have been toying with the idea to adding an ADU to my house in Oakland, here is how I see it -PROSThe land is free, your cost of acquisition is the construction costThe property tax should be a bit lower than buying full price in open marketYou add value to your house, the HELCO can be rolled back to your primary mortgage laterBetter control over tenants and managing, as you live thereCONSSome loss of privacyDealing with regulations on who can live where, as it is an ADUHiring a GC in this marketGiven that you have experience in the field and are planning to do some pre-fab type construction, to be it a no brainer!

What Lt is not interested in pocketing money for more toys or beverages?  

Fortunately, this house was already zoned still as a 5 bedroom, so we were able to quickly get that answer changed to YES.

It was written in the 1920's but it is my favorite personal finance book and it is a short (about 170 pages), interested read in the form of fables.

I have even toyed with going the opposite direction - setting rules for myself to focus only on deals that cash flow with 100% financing.

I'm a mom too :)We've toyed around with the idea of buying a place too since it would make sense to rent it out while we aren't using it.

My dad used it more for storing his personal toys (boats, cars, machines, business stuff) than he did for the rental income.  

Gardiner, Montana, gateway to YS is Good place to invest in a vacation rental?  

She then says in a small voice that her son told her he had dropped a toy car in it and flushed , by accident, uh huh.So, I pulled the toilet and sure enough, the pipe was empty.  

Now I haven't yet done this as I've only just begun to question, but a rough draft view of 50's properties is lack of maitenance, lower income renters, toys littering the front yard kind of stuff.I would really like to hear from seasoned investors who have been around to see these changes or hopefully lack of changes.