Mostly a single ADU added in a single family zone area will add less value than the cost of the hands on addition.Depending on the financing my underwriting with a high LTV (80% LTV) for $200k would be cash neutral at a rent point at about $2200 when allocating for all expenses without including any land value.  

I am going to talk to my PM about it to see if and how it was done, so if you would like to be included in the conversation or I can let you know, would love to have you there to see how it is done

BPCON attracts investors from all experience levels, including folks looking for their first or second deal.

I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!   

I will be into it about $9,371 with closing and have a payment PITI including HOA of $1,205.

Interestingly, the records do include the downstairs space as part of the livable square footage.

I would work on my communication of my processes including letting them know asap of their schedule with me. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.

If we rent the unit at $1,425, I have an estimated monthly cashflow of $302 (rent at $1450, cashflow is $325) I DO include vacancy, repairs, and cap exp in my Box2 Expenses.