The only thing I'd suggest is to raise your rents unless you think you're at the top of the market.

I love those neighborhoods of Chicago.  

Your equity won't likely increase beyond the cost to build because there aren't a ton of ADU comps on the market yet. 

Pensacola is a great market for investing and the number of properties available right now is up so there are actually some on market properties with potential. 

Study the market.

I decided to look into an official duplex or triplex putting 150K down that has value add with renovations and potential unit add but it wont have as much equity because it will be an on market deal. 

Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

Rental demand in our market is off-the-chart; the shortage of properties continues to hit historical lows year-over-year.

Our downtown isn't big, but each neighborhood has a different feel, and we have affordable suburbs if you want to be close but not IN the popular areas.

It wasn’t teh flashiest deal, but it’s been rock-solid through rising rates and market swings.