But you don't have to do that, you can easily put anything above what you really need to pay your bills back into business.

Now that I've got the process and people in place, I've expanded to other states but it is key to have process and people wherever you invest and whatever strategy you use.

That is the "fun" part of the adu market, until there is enough data to adequately reflect the market's reaction.When I expand the search results to the Orcutt area, there is a sale of an sfr + adu, 1498 Claret Ln, sold for $1,165,000 on 3/7/24.And that's all there is using the mls with the newish search field for ADUs.

You can easily locate a decent lot and include that into the primary manufactured home purchase. 

My husband and I are looking to expand our portfolio.

You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year, not just when preparing your tax return.

That $500K could easily kick out another $5K in tax-free income per month.Combing the above two paragraphs $10K per month in tax-free income is the equivalent of $200K in W2 (highly-taxed) income.Mixing vacation dreams and investing usually sub-optimizes both.

Looking at the photos, those surfaces are totally serviceable and any change would be cosmetic in nature.I would let the tenant know that small cosmetic changes like decorations are fine, but larger or not-easily-reversible ones like painting a driveway need owner approval and would be at tenant cost.

I am also adding another bath in another portion of my house and expanding the bedrooms.

If they are professional, they can explain this quickly and easily.