It depends on your goals but I and many of my friends and clients started with house hacking and then used the equity to buy out of state.

The rules for who may represent an LLC in a court depend on far more information than is present.

The insurance and depending where you are at in upstate, the taxes are where it hits your pockets.

But will just depend on what you are trying to establish.

@Lucas SchlundI agree with @Ty Coutts that it depends on your risk tolerance and financial stability. 

My current job is $18.5/hr and pretty time intensive as my hours vary day to day so I could be working during the day or night and I have to intentionally find time to stay as rested as I can and also to do the things I want to do since I don’t have a set work schedule.

A great PM will take 10% of your money every month, but they can also add value to your property depending on what they do and how they manage.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck As with all things, it depends on the investor and the equity.If they are able to leverage existing equity to buy it under a HEL or HELOC, then they are adding equity with no out of pocket expenses, and adding immediate and longterm cashflow to existing stock.We like ADU's because there isn't more land being created in our city that is landlocked...but there is more density available to those with large lot under-utilized sfh.In my market, it typically costs $2 to add less than $1 of value on single build ADUs.  

(This, of course, depends on one's assumptions about future appreciation; the prospects of which I have my doubts.)