The only thing that no one else has mentioned is that required by law on site agent?

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Take the basic course requirements, complete the modules, and when its time to register for the state exam you can order a real estate exam question workbook from Amazon and use that to practice. 

Assuming the insurance premiums don’t significantly impact my cash flow (which is one of my primary goals), how do you assess the risk of taking out a loan under my personal name versus opting for a commercial loan that requires a larger down payment and comes with a higher interest rate?

Some tenants are on DHS scheme and I need to follow the requirements to have the DHS approved.

@Jeremy Bloom  the rag on the thermostat can be beat by placing a remote thermostat that is set to the legally required temperature with that remote thermostat actually controlling the temperature.

It’s a complex situation that requires careful consideration.  

Uses the grouping election to aggregate their material participation requirements over their entire portfolio4.

For a co-signor we require a full application, screening and 4x the rent

One thing that we were not prepared for was the new lender required that our tenants have a signed lease agreement before we could move forward with the new house.