Simple touches like fresh paint, landscaping, and clean walkways can make a big difference.Highlight Key Features: During the appraisal, point out any high-quality materials or unique features you've added.

If your willing to do so, you can live in the casita and then rent out the main home and have your tenant pay the majority/all of the mortgage (depending on what type of deal you find obviously). 

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

The main thing I see when coming across this is deferred maintenance.

The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

The only thing we cover is main components, HVAC, roof, siding etc..

I am a smaller Main Street Type investor and have created/manufactured SFR notes as part of my fix-n-flip program for many years.

The main issue is your exit is capped so if your costs go up, your profit goes down.

The first main purpose of real estate investing(or any other investing) should be the return you are getting.