Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

As a realtor specializing in pre-construction, commercial, and investment properties, I’d be happy to answer any questions or help guide you through the process if you’re interested.

It’s done but can be risky.Just my 2 cents and how I approached my real estate / home ownership process - not saying it’s right or wrong just sharing my experience

im in the process of doing that right now any tips so i dont overspend on reno since a nonconforming duplex is more valued at cashflow than the arv

A lot of this process depends on your laws regarding STR and Mid term leases/occupancy?

The process was simple, we used Upwork and Fiverr to find 3-4 potential editors.

I don't plan to do any fundraising, but I'm finding the paperwork and process quite daunting.

Choose a location with low-cost homeowners insurance because they have the lowest risk of natural disasters: Insurance - ValuePenguinIf you follow the above process, you will now have a short list of potential cities that are very likely to appreciate much faster than others due to their strong fundamentals.

How long does it take to process a payout?

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.