The main issue is that to do the ADU you have to spend so much bringing other items up to code like electrical, plumbing, lighting (windows) and egress.

Would you be able to tell us what town it was in?

I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.

Thanks in advance:What's the best way to determine if a buyer with an offer is qualified?

I would recommend calling the city building dept, they are easy to get in touch with and a lot more helpful than other municipalities in the area.

I would make the expense codes mimic the Schedule E if using quickbooks.

Is there any investor here purchased through BUCKS COUNTY SHREIFF SALE, it's my first time attneded this auction, after done title research on property at prothonotary office found that sheriff office didn't serve all lienholders in Notice.

@Chris Ehrhart Not saying you were , you stated that the panels wouldnt meet code .

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

Me and a few folks I met at a mastermind group all went in on a joint account a few years back so we could save money.