We just closed on a 71-unit apartment complex, our largest purchase to date.

I am currently purchasing a home that will work great as a Rent By the Room. 8 bed and 6 baths in the DFW area.

The key to purchasing more real estate is by focusing on the fundamentals of the real estate.

Typically homes in-between tenants, or a new purchase with intent to have renters within 30 days this is allowed. 

If your current deposit already equals one month's rent, you can't request additional funds.Keep the lines of communication open with your tenants, explain the process clearly, and you'll avoid any misunderstandings.Good luck!

I am in the process of accepting a 2 month lease month to month for a retired service member and wanted to just document his service animal as being on the property. 

@Alex Washburn makes really good points - the process is definitely not easy. 

This can be especially helpful if you’re uncertain about repair assumptions or costs.If it’s a contractor you’ve worked with multiple times, involving them early in the process is often beneficial.

Purchase price: $90,000 Cash invested: $60,000 Buy and hold that I still have to this date.

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.