There is the risk carried by the turnkey company during the renovation and being able to find quality residents for the home and ultimately the investor and at a rental rate that makes sense.

Congratulations on your success, I wish you the best as you carry on!! 

Having the seller carry a second is not a problem for the first, as long as their business with you is finished and the loan has closed.

@Jaycee Greene I planned to approach the seller to explore the possibility of carrying a seller's note.

Everywhere I look in that state, I just see gold.

Rising property values help, but make sure the numbers work with high carrying costs.BRRRR: Great strategy if you can still find properties below market value.

The insight about ARV being influenced by nearby single-family properties is gold—makes total sense now.Right now, I’m just exploring Sacramento and trying to learn as much as I can.

I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.

BUTTTT there is sooooo mcuh garbage out there that you'll have to sift through to find the gold and then you have to learn it, put it in proper order, THENNNN take action. 

I think the only immediate problem is if one were to get carried away and put too much money into their ADU and plan on selling soon.David thanks.