If I go by the 1% percent rule a home that cost 200k would have to gross 2k in rent, Homes I've seen typically rent for 1450 - 1550 max. 

I think it would be a disservice to all of the consumers who utilize BiggerPockets to learn and network with professionals and service providers to not have this new information given to them.Bob Prisco (aka Bob Stevens) actually utilized a 2nd BiggerPockets profile from 2018 to 2020. 

I agree—most of these individuals aren’t paying taxes and aren’t typically aiming to own the property.

Conventional financing would be difficult as they typically require 12 months seasoning to use the newly appraised value.

I have $100k in cash to utilize to buy a long term rental property.

For inspectors, ask about their experience with investment properties, typical issues in the area, and whether they recommend sewer scopes, especially for older homes or properties with non-PVC pipes.

So as long as your insurance, property taxes, property management, utilities maintenance, repairs, vacancy, and capex come to $4/mo or less you’ll be fine.

(typical California home). 

Most investor utilize short term hard money debt to scale their flipping operations where the lender will fund 80+% of the purchase price and the rehab budget which can allow investors to work on multiple projects at once.

A standalone ADU is almost always going to cost more than doing an addition, so the value added or cash flow increases will have to justify each.I work with a team of investors who will buy SFR homes then build a new ADU on the lot and add a separate drive way and meters for utilities in North Texas.