That way you can work backwards on the land price AND your holding costs while you're designing, permitting, and building the home. 2.

Build some to sell and build to hold. 

Long term hold, would do anything that makes sense but long term goal of multifamily!

I think LLCs are over rated unless you have to hold the property in one for financing like most DSCR lenders will require.

Investment Info:Single-family residence buy & hold investment.

Ensure the deal has a solid profit margin by subtracting the purchase price, repair costs, holding costs, and your target profit from the ARV.

Investment Info:Single-family residence buy & hold investment in Topeka.

If you had managed to purchase in those areas back then, your cash-on-cash return might look quite different today, especially with rental demand still holding strong.

The ADU I am thinking of adding is on a triplex property and my understanding on the valuation of these types of properties is cap rates (4-5% depending on the neighborhood in LA) and thus adding more income to the property increases the value of the property assuming the cap rates hold Triplexes and quads are not appraised on cap rates if using conventional financing.  

Nobody has a crystal ball or knows what the future holds.