We live in uncertain times so caution is warranted.

Would you say there are opportunities there for a first timer that warrant pulling money from an HYSA earning 5.5%?

Assuming the neighborhood doesn't change substantially and still warrants a 15.6 GRM on its buildings, you should be able to sell the property for $2.5M ($13,4000/month x 12 months x 15.6 GRM).So if you bought at $1.5M, spend $900K on the renovation and ADU build, then sell for $2.5M, you haven't really earned that much for your efforts.So, yeah, these improvements don't seem worthwhile at the prices you've been quoted, but again, your quotes seem wildly high.

Seller has examined the information contained on this Data Input Form, which is attached to and made a part of the Listing Agreement and warrants that it is true and correct according to the Seller's best knowledge."

Despite this fact, the return on your investment (ROI) is incredible enough that it still warrants exploring buying real estate with the house hacking strategy.

In CA my understanding is I have the eradicate based on the warrant of inhabitability, but I can charge it back to the tenant if they are at fault.

And again, the question would be what exactly are you trying to accomplish that warrants the hassle? 

There are a few of us out there that run lean enough, and are capitalized enough, to sit out when conditions warrant.

Location is Halethorpe MD, tenants teenage son had an arrest warrant against him and police did a lot of damage.

Location is Halethorpe MD, tenants teenage son had an arrest warrant against him and police did a lot of damage.