This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.

This renovation took 2.5 weeks for two guysScope of WorkDemo and gut entire kitchen, gut one bedroom, and partial gut of bathroomBuild new closet and frame out a wall to create a bedroomInstall new laminate flooring in two bedroomsInstall new subpanel and new electrical for entire apartmentNew (and some reused) cabinetsNew quartz countertopNew (but bought used) 24" rangeNew microwave and fridge (new fridge not shown in photos)New toilet, medicine cabinet and vanity light in bathroom New built-in kitchen table and chairsCost of Work (approximately)Labor $6,500Cabinets $2,000 - I bought some nice, used Ikea cabinets from Craigslist for a previous job and I had some left over.

Sometimes large employers will rent furnished apartments for their employees coming to town on a regular basis.Also, if you believe strongly in the appreciation of the house, how bad would the negative cash flow be if you did long term rental? 

This quotes is only to remediate the mold it does not involve fixing the drywall afterwards.We are trying to get more quotes but unfortunately we live in Stillwater, Ok ( a small town) so most of the professionals have to travel about an hr. to get to us.Attached is the $11K quote – it seems inflated to me.

I think the market has to really shift, where people just don't want to take on rehabs for there to be equity built into the deal. 

Because the rapport I built with the seller and the property is pretty much a dump, seller is ok with whatever happens as long as they will be released from the head ache.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

That will allow you into the market and set you up with a good team, built into the property management.  

Unless you live in area that has many ADUs already built that have been sold with the home or as individual parcels.

The person told us they were supposed to start a job in town on that Monday and never came back.