If all adults are screened, you can avoid potential legal issues down the road, especially in cases where one occupant engages in illegal activities or violates lease terms.Financial Stability: Screening all adult occupants also allows you to assess the household's overall financial situation.

The one thing to consider is how much work your dad wants to do in the next phase of his life and what his financial goals are.

There are plenty of investors who are in a financially strong position to self-insure their properties completely, take on much larger deductibles, or eliminate certain coverages from their policy in an effort to drive down their insurance costs. 

However, we've also seen plenty of our investor clients decide that an ADU made solid financial sense within their portfolios, especially when factoring in property appreciation.

Quicken is financial software, not property management software.  

If you want to reach financial independence, a good income + limited expenses will be the catalyst.

 ( I own a home remodeling company)We are getting to the point of being maxed out financially and will need to restructure the deal somehow.  

A bookkeeping professional will "translate" the PM's data into your master accounting platform each month so all of those transactions are accounted for.This allows you to see how your business(es) as a whole is doing financially in addition to how each property is doing.We actually catch a lot of mistakes doing this for our Clients as an added bonus. 

@Abdi MuyaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Aqsa MugheesRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.