This process is extensive, requiring community engagement and approval from the City Planning Commission and City Council.Given the predominance of multifamily residential properties in your area, there may be a precedent for such developments.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

I also use Turbotenant which makes the process and communication very easy as well. 

I’m in the process of setting up a google drive for my newly sprouted real estate business.

The tenant suddenly stopped paying rent, claimed 'banking glitch' and squatted for 6 months while we worked through the evictions process.

some credit unions but you'll most likely just have to go through a cashout refinance process 

In my limited experience, I have found the process to be easier with agents involved.

@Tyler BurrisWelcome to the community and be ready for a huge amount of information at your finger tips.

LTR:The STR loophole can be a huge tax advantage because you can use depreciation and other expenses to offset your regular income, which is a big win.

Hi, I am in the process of purchasing a 4 unit property in Columbus Ohio and just received a quote from a brokerage company for $400/mo.