Quote from @Jerry Huerta: Quote from @Jerell Edmonds: One of my goals for this year is to buy a property OOS and another one in my backyard.

At 2 properties removed the pools. 

I also have a decent size back yard and added a fence to the unit to separate the yards.

I felt that it benifitted the community expanding the buyer pool and increased the value of all owner's property in that development both owner occupant and investor owners. 

@Derrick Roland II Let's see, traffic noise, challenges backing out of your driveway, have to keep kids in backyard and off front sidewalks, big trucks passing by will shake the whole place, can't think of anything positive.All the negatives will reduce your max rent and make it harder/longer to find tenants.What's more important is understanding if the Neighborhood is Class C or D.

With prices so high in NY, where would you suggest New Yorkers invest in their own backyard?

Quote from @Saquan Johnson: Went back to my networking pool and found someone!

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Upgraded the backyard and re-styled and provided high end furnished to the home What was the outcome?

There's an opportunity for an ADU in the backyard, but I will buy another rental property before adding the ADU.