So long as you get the property appraised and buy it right, it's really really really hard not to make money on a rental property.

ADU in sf areas of San Diego are seldom getting values from appraisers over $100k.  

DSCR lenders will have different rules on seasoning (i.e the amount of time between when you bought the property vs. when you closed on the refinance) for how much cash you can pull out and whether or not the appraised value, as opposed to the cost basis (purchase price + rehab costs) can be used to determine the loan amount (i.e LTV * appraised value = loan amount). 

We could potentially vet the leads we give you before as well as underwrite the property and find an appraiser so its very streamline for you and my clients. 

It was appraised 1 year ago at $160,000The tenant pays $600 per month (Mortgage/Escrow just went up to $525 per month)Bigger Pockets Rent Estimator says $1,100 (I'm thinking $1,200 after repairs)Zestimate: $192,1002 Beds 2 Baths1,700 Sq Ft2 car attached garageBonus unfinished space over the garage.

The deal can be underwritten using either in-place rent or the 1007 market rent (from the appraisal).

I’m towards the end of my first refinance and my appraisal value came in around 800k.

I just received the appraisal for 2024 and the assessed value will increase $28K, increasing my taxes $600 if the tax rate doesn't increase.

Appraised less than a year ago for $160,000.

If the house appraises for at least $300k at the time I purchase it from my dad, is this okay to do then?