You’re able to leverage your initial investment and use it for future properties, potentially expanding your portfolio quickly.Cash Flow: With each property, you can create a consistent cash flow stream that builds over time as rents increase and property values appreciate.Wealth Building: By consistently following the BRRRR process, you’re not just collecting rental income, but also building significant equity in each property.

Does anyone have experience with ADU's (accessory dwelling units) in any market, but particularly Cincinnati?

JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.

It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.

Co-living, on the other hand, mitigates this risk by creating multiple income streams.

I actually just did a live stream yesterday on my channel (youtube.com/@brady_morgan) that went over this exactly.

If my property is a duplex, I'm assuming I can add the 3rd unit as an Accessory Dwelling?  

That will cost us about $4.8K out of pocket (our insurance deductible under our Rental Dwelling policy). 

(C) As used in this Lease, “Premises” means that certain private dwelling residence situated in ________________________________________ County, Minnesota and having an address of ____________________________________________________________________________________.

If you are near a major city like Austin, you will always have a stream of guests you can find.