It was hard to say goodbye to my babies I started this journey back in 2006 (18 years ago) The truly sobering thing about this event is that I was able to achieve these same financial results in ONE year with my first larger commercial deal; and replace my wife's income with that deal.  

You could charge a flat fee on utilities with a clause that states if bills exceed $X, then you split based on square footage.I've done all of the above and it has worked out.Regarding the thermostat, you may want to put in a mini split for the JADU in case your tenants like one way but you like the temperature another.

My question is, do I bite the bullet and add mini splits?

Working around a new baby and work but I'd love to be there.

You can get:-$10,000 per unit for mini-splits - $5,000 per unit for knob and tube removal - 75-100% off insulation- FREE light bulbs and light fixture- FREE thermostats- FREE Shower HeadsWe just got $20,000 for knob and tube removal at a 4 unit and $30,000 to replace this shared boiler at a 3 family we own.

I will have to provide and buy all the finishing (cabinets, countertops, tile, flooring, etc), but they demo and install everything.For the garage conversion, including the walk-in pantry and 2 bedrooms, the mini-split system, taking out the garage door and framing it and adding siding to look like the rest of the house, and add 1 window in each bedroom, the quote was $40k.I would love to get your opinions.  

Living in a unit while doing renovations and preparing for our first baby was very stressful!

Quote from @Minie Quilala: Quote from @LaShawnda Adegbile: Hi - I just signed up to BP and also just attended a 3 day event for Tax liens Wealth Builders held July 29-31st in Dallas, TX.

I’ve been reading articles stating how baby boomers are starting to retire and selling their businesses at a discount.

We have 4 Bedrooms, so I didn't need to do a garage conversion, but instead went with a Star Wars themed game room.I put in a mini-split HVAC unit - it has been 110 degrees for the past 70 days.