A complete overhaul of the kitchen and bathrooms, including cabinets, countertops, LVP flooring, electrical and plumbing fixtures.

You can't lock them out of their room, turn off the electric, or anything like that.  

The garage does have electric ran with a small meter base.

Location, view, water, trees, electric, water.Will clear building spots and plant 100 fruit trees and 800 hardwood seedlings.  

Nothing wrong with 10% body fat and $300k in the bank.The amount of time and energy that it takes to gain 'ultra-wealthy' status are insane....and you have to give up many things that give you a happy. healthy, well-balanced life.

A complete overhaul of the kitchen and bathrooms, including cabinets, countertops, LVP flooring, electrical and plumbing fixtures.

This added so much to the overall cost and took up more of my time than I expected.Overall, it was a huge waste of time, money, and energy.

And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.

@Ben LeybovichI think in the perfect world, new investors would spend enough time and energy learning how to analyze properties themselves, what the various calculations mean, etc.

People are not thinking about how electricity get redone for the entire area.