Of course, you can't protect yourself completely, but this will also help you prepare for buying the next properties a little better, and it's an exercise I generally do when I'm on a showing for a property I'm serious about so that I'm factoring this into my analysis to some degree in a "capex" reserve.Capital ExpenseRoofWater Heater x2All AppliancesDriveway/Parking LotBoiler x2FlooringPlumbingWindowsPaintCabinets/CountersStructure (foundation, framing)Components (garage door, etc.)

Also easy to tell from price point that property has appreciated below appreciation since built.  

To do this, you need to make sure and find designers/contractors that have built many ADUs and can properly determine what your full required scope will be.Also, jurisdictions are tightening their interpretation of ADU rules, and we're finding MANY more plan check comments are coming back for items not previously requested.

It's not just the content, but the culture that he's built.

They bought land, built condos, then sold those condos.

I've refined and updated my buy box, currently SF detached houses built since year 2000, with 3 bedrooms, 2+ baths, central air, and 2 car garages, in areas with good schools, low crime and economic growth. 

You will be laying a strong foundation for supporting yourself, even in lean times. 

Billy and Cliff - I have a few business lines of credit in an LLC, but they were built over time.

I feel it’s better to start building the foundation early. 

We are pouring foundations.