Keep in mind once the ADU is complete your old unit will most likely become RSO which will mean any alterations are much more complex and limited.The downside of this route is that if you build the ADU now and your old house is built before 1978 you cannot split the lot because the old house cannot be on its own lot once it falls under RSO.

Spring, Summer, and Fall are when you'll make your money.

If rates fall later this year as forecasted, it could be worth factoring in the possibility to refinance and bring my mortgage down low enough to continue renting it as a short term rental or consider renting it mid or long term. 

Need less to say the previous owner did not take care of the property & let it fall into disarray. 

My experience has been that summers are very busy but it falls off the rest of the year.

This report hammered MBS pricing causing MBS to fall from -25BPS just before the report to -48BPS by 11EDT.

I fall into that category. 

Use a variety of sources to get numbers, and obviously make sure you're comfortable with whatever range they fall in before getting serious on a property.To those unfamiliar, we share two properties daily with all of our subscribers.

I reached out 2/1/24 to see if they planned on moving at end of lease and they said they would be staying through Fall 2024. 

The information is there, but finding it—and ensuring it's current—can be a significant hurdle.Similarly, Facebook groups, despite their potential for connectivity, fall short for serious real estate investment discussions.