When do you anticipate a favorable shift in appraisals for ADUs, if ever?  

Too few investors are actively focused on stabilizing and upgrading their current assets in favor of scaling too quickly.

About getting out of the Rat Race.My family and I played it a few times, and what can be said in its favor is that there are a lot of opportunities to buy rental properties under different cash flow conditions.

Nine out of ten years it usually works in your favor, but that one down year could take a big bite out or your ***.  

Places like San Antonio might present more favorable cap rates, from what I read in Forbes recently.Refinancing could free up equity if today’s loan terms are more attrative, though that depends on current interest rates and the property’s updated value.

It will allow you to make the best investment decisions, not necessarily the investment decisions that are necessary to cover the living expense portion of the W2 income you lost and this will be looked at favorably by lenders as well.

Within the U.S. if you want to avoid the bureaucratic nightmares that often follow STRs you will probably want to invest in a well established STR market that already has laws favorable to STRs.

The mortgage interest rates are more favorable and so are the terms (no prepayment penalty, as little as 3% down payment for a first time homebuyer, etc). 

“Men of action are favored by the goodness of good luck” - The Richest Man in Babylon

Additionally, if the market conditions improve, you might have a better opportunity to refinance at a more favorable rate.5.