I have borrowed against it once before to buy stocks in a personal brokerage account and that turned into a mini gold mine.

Since this is short term flip they will be prorated at closing and I only did a 6 month policy for insurance.Hoa is 958 a quarter which includes the following: Accounting, Conference Center, Exercise Room, Gated Community, Ground Keeping, Internet-WiFi, Management, Mini Golf, Pest Control, Playground, Pool, Tennis, TV CableComplex includes: 11 pools(5 heated), shuffleboards, beach house/café, mini golf, exercise room, tennis courts, playground, WIFI, cable, pest control, termite bond, trash, ground keeping, property patrol, gated community etccost to own:Power $125/month Water $80/monthGas $40/monthshort term rental Insurance $4000/year Current taxes $1776Over head is $2615 a month.

Today I make money regardless market conditions I actually average 18% of my capital now that market is not that great versus 7% when market was at its "best" there are so many ways to invest (stocks, options, mutual funds, futures, mini futures etc) ways to protect your money in case anything happens (insurance for your money)When it comes to real state there are ways to increase you purchasing power to at least 500% percent.

I am thinking of adding a kitchen bar/cabinets, sink, microwave, and fridge to this small bedroom and using it as a mini-kitchen.

You could also structure it like a mini (unregulated)syndicate and have a preferred return and a waterfall.

Told by a commercial lender the price wasn't high enough because their min is $1M and told to talk to farm credit- farm credit told us because of the zoning we couldn't be financed by them.Current or prior ownership of real estate: Currently own 4 single family LTR homes plus our primary residence.Occupancy: All 4 rental properties are occupied by long-term tenants.Value of property at present and/or your offer price: $350000After repair value: No clue, selling agent said they were just selling for the land value and not even considering the home- although it is perfectly habitable.

A mini barn for somebody to have a horse at might also be something.

Mini splits would be the way I would go.

You create a mini condo association between the main house and the DADU which makes it so you can sell both homes separately!

Heck even a typical FAU system will because they are in a basement/attic/etc..not to mention mini-splits....c) Roofs will certainly get more wear but are still expected to have a similar lifespan - with proper maintenance and especially with todays new roofing materials and techniques.You somehow forgot to count in your calculations how much an average landlord loses by having to deal with California's onerous regulations, fees, inability to evict, pay-to-move and related BS.... :-)