Still, I managed to lock it in for $145,000 by emphasizing how much TLC (and cash) it needed to bring it back to life.

I’m not suggesting a person change their business model entirely, but usually a person either deletes something or adds something in order for a different outcome or at least a more modified outcome.What’s your thoughts?

As a realtor who works closely with both short-term and long-term rental investors, I’d love to be a resource for you while you’re in town.Having spent my entire life here, I know the city inside and out (Indianapolis) , from neighborhoods with strong rental demand to up-and-coming areas that offer excellent long-term growth potential. 

Some developers go above and beyond on kitchen appliances and install a package that may make sense in a $1.5M+ house in a $900k house but short change all other areas of the rehab.

Does adding a ADU create value in a property vs. the price of the adu build? 

I am a Field Engineer with a Construction Company in Orlando Florida and a grad student in Civil Engineering at University of Central Florida. 100% looking to network and create genuine relationships.

If you have a good understanding of your market, asset class, risk profile, etc. this ratio can change accordingly.

The fact that you think the tenant is a pain has nothing to do with how you maintain the property, you could be creating legal and maintenance problems for yourself by not taking action. 

Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.

An LLC by itself does not change anything for taxes.