so, you're maxing out debt service which makes it tougher to cash flow.with that said, no matter the purchase strategy, you should always make sure you're using actual numbers, and not random assumptions.for example - some people will throw out '10% for capex.' 

What you will find is they typically appraise for far less than the hands off cost to add the ADU.  

You profit share with them for the first 10 deals (at the higher levels) because they really are right there with you holding your hand, and as I mentioned, doing three way calls, etc. every step of the way.  

Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.

Investing close to home allows you to gain hands-on experience, learn the ropes, and be more involved in the day-to-day.

This comes from several data points, the first being the average age at which people are choosing to stop renting and buy their first home.

I've seen too many investors find a good property, then hand it over to a terrible PM and the entire thing fails. 

Personally I don't keep much cash on hand for emergencies, but I do have a large untapped HELOC that I can use in a pinch.

I’m working with local investors who are snapping up everything they can get their hands on, and honestly, I can’t blame them.