Check out the data for Charlotte, NC, here: https://marketstatsreports.showingtime.com/...

Hopefully, you can find data to show it won't all be drug users, crazy parties and sex workers.

Total PITI : $2,800 p/m ADU: Rents : $1900 p/m Home : would rent for $3k per month Potential Gross cash flow: $2,100 per month Purchase: $500k Current ARV: $900k Can these numbers be achieved today with high interest rates and high prices ? 

I'm happy to share data and market insights in the Tahoe Reno, NV area. 

Any recommendations for resources (calculators, spreadsheets - I'm a huge data guy), contractors, and any other related professionals in the Pittsburgh area would be so appreciated!

Please think about this between now and then; bare bones, you need some education and access to tolls (assessor data and bulk mail printing) to but property right.

My friend wants to include me in on this so we can both achieve financial freedom together.The plan currently is to take out a personal loan together for the $20,000, put in $5,000-10,000 worth of work into the property to make it livable as soon as possible, move into the property ourselves so we don't have to pay rent anymore, and then refinance as soon as possible.

I like to use data, coming from an engineering background, and I see the data and trends over history, this can be used as a guide only to help with investment decisions (it’s not a guarantee but another tool to use). 

@Damion Brown You can definitely do a nice project in this budget and achieve $1600-$1900 rent.

Michael, check out furnishedfinder.com/statsType in your zip code and you’ll get a good bit of data on what people are looking for.Then, I would go on furnishedfinder.com and look around as if you were wanting to rent a MTR yourself.