Student housing is a great way to get your portfolio going as the properties practically rent themselves, at least in my area.

But here's the thing: they were missing something important: practical experience and instruction.

This is a house that has additional square ft added on, so they listed that as the reason for marking the question as positive, as new foundation and support was added for the additional sqft.My question is: Is it a standard practice to check this box as "yes" in the disclosure when additional square feet has been added on to the property?

What this means for you s that there is a good chance that your existing SFH becomes rent controlled when the ADU is placed in service (I would like to see the law clarified on this as this practice goes against the rationale of the 15 year exclusion). the reason this is important is that any rent reduction places your base rent at that point for rent control purposes.  

Just curious what standard practice was among others.  

We have thousands of years of sound, practical advice that has proven to work.

If you post the bond and the "dysfunctional" solar company who is very strict in its collection practices makes a claim against the bond the surety is going to make you immediately wire in $52k until the dispute regarding the lien is fully settled.

Practice your pitch!

This method is not only practical but also reflects a deeper understanding of the property's income-generating potential.Also, we cannot leave out banks in this equation as lending practices in the real estate sector also align with this approach.

If you are unsure about the values that go into a BRRRR calculation, I would recommend learning about the process before you think about practicing the process.