The current flip I’m working on is rehabbing the main house and building an ADU utilizing the detached garage with Alley access.

@Christopher 'Bear' DeSanctis Lenders generally reduce gross rent, such as a $100,000 annual rental income, by up to 40% for expenses, leaving 60% or $60,000 as the Net Operating Income (NOI), which lenders utilize to calculate the Debt Service Coverage Ratio (DSCR).

Partner Driven financed the Mount Vernon Dr deal by utilizing internal funds, enabling a smooth and efficient purchase process.

Found it utilizing a realtor the traditional way.

Those prices range from $800k-$1.5M depending on the specifics but the income increase is as much and the cost to own is slightly lower because insurance, maintenance, and utility costs do not go up linearly on these making a bigger margin for you.  

I'm looking at 185k with 5% down but it seems that in factoring in all other expenses (vacancy, capEX, repairs, utilities, management, etc.)

Utilizing Graham's knowledge of the local market, we quickly assessed the property's potential.

I've got a 2nd floor detached garage build i'm in the planning/permitting stages of here and looking for advice to see if any key features need added.It will have its separate entrance from main garage which will be utilized by main house STR for a game room eventually.

Partner Driven financed the Grapevine Dr deal by utilizing internal capital, ensuring a swift and seamless transaction.

Demand for Midland will always be there, not sure on STR rules but if you're traveling regularly then STR it and get the tax benefits/utility from it but make sure you're not violating the occupancy stays.