Anyone who managed to do this probably did it 5+ years ago when the market was very, very different.If you borrow $200,000 to build an ADU, I suspect you would need to rent it for $5,000 or more to make the numbers work.

Before finding him, I had a few bad experiences with subcontractors when I was acting as my own general manager. 

@John Kim we manage almost 700 doors in Detroit tri-county area, almost 100 are S8.What specifically do you want to know?

I use a channel manager (OR) and it has damage protection built in.

My role will be running day to day operations/ property management/ taking calls and running all activities after the rehab.Our initial thoughts are 1/3 equity.Quick Rental details: we purchased the home for 30k.

Can property owners or property managers enroll a tenant in a renter's insurance policy and charge it back to them?

What are everyone's property management and/or real estate investment goals in 2025??

I know many property managers that no longer use Rhino because they refuse to pay out.The other option is a surety bond.

Once you decide what kind of place you want own/manage then you can start to work on the regs in an area.

Managing investor expectations.