Also want to add an ADU to get extra cash flow but not sure how much a fully permitted ADU adds value to the property when refinanced.  

Then all of the extra money you paid over that 5 year time frame gets washed out the door.

I just inspected the apartment of a renter that has been on a monthly agreement, paying an extra 25% each month, for over two years.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

And that extra payment is oh so sweet boosting your net income.

Bonus points if your property can facilitate the construction of ADUs for extra income.

I had paid extra commission to Renters Warehouse to find tenants that would agree to a 2 year lease.

Go figure.....I did not charge her extra for the cleanup, she really didn't get it....

It's been a recent trend in "renting is cheaper than buying" which speaks to the "time" aspect of the above, because given the meteoric rise in prices, and many of the operational expenses lagging in there impact, and than landlord's lagging in the pass-through, there has been much truth to that statement.     

The simple truth is that  private funds come from  trust deed investors placing it in other people's real estate.