In my experience, it is an excellent tool for tracking incoming calls and being able to match the marketing that generated that call (i.e. a different number for different mailings, etc.) but I always found it to be cumbersome to make outgoing calls from, considering a cell phone is pretty simple to use.

I have excellent credit, zero debt, and a decent amount of cash in the bank.

However, if you are invested in debt in the same deal (especially conservatively underwritten debt) then you can foreclose on the property, and then resell it to recoup your losses… and often get back some or all of your principal.And all equity investments are not the same.

@David Waddleton you should read “Finding and Funding Great Deals” By @Anson Young excellent resource; all your answers and much more insight, inside.

Previously a duplex, with one bedroom one bath units, we transformed the property into an SFH with three beds and three baths, the property has a ton of space, which is excellent for the crowded downtown location.

If you are highly responsive, maintain an excellent quality property, and take care of all concerns promptly, the tenants should value that.

Hire good property management or hire a excellent tenant and most issues never come up.    

My mil has excellent credit, 800+, with no debt.Any ideas on how make this happen.Heloc would be great, but the 15 year term makes the payment too hight.A 3-1 ARM would work, with co-signer, as we would refi after the second year with solid rental history adding to my mil's income so she would qualify at that time.Below are some quick numbers for this project$180k - ADU Budget$142k - Current mortgage$942 - Current monthly mortgage$585k - Current Value of home/property (no including basement refinish or ADU/Garage)$1800 - market rent on ADU$500 - current walkout basement rent ($1200 market)$2200 - mil's fixed budget (PERA retirementThoughts?

Currently, it is still cash flowing excellently.

Thank you.it a single story, SFR, 3/2, 1240 sqft, excellent schools and nice hood.