Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.

Either way, you have a great resource of industry professionals her on BP, so I'm sure you are going to be fine! 

No matter your industry, being good at your job will help you as a real estate investor.5.

You can compare both options and see which makes more sense with the rate you'd qualify for.

And compare that to simply refinancing.

I grew up in the industry and still have a hard time with holding contractors accountable.

It's important not to get too caught up in the details; use the analyzer to compare one property to another.

MTR arbitrage may allow an owner less hassle and equal profit from their unit compared to the other available alternative of LTR.3.

@Nathan M kieferIf you are getting $400k in W-2 income, unlikely you will qualify as a real estate professional unless: (1) you have equity in the company and its in an industry that allows you to qualify as real estate professional; or (2) you have a spouse that qualifies.