Since you won't be close to the property, a PM will help you take care of everything from far away.

Take care of those beautiful babies.

But be careful expecting to refinance.

I try to be in the luxury market and also try to steer away from young kids (my only real damage has ever occurred from them, or should I say parents that don't watch their kids, and they drive the people crazy in my community pool, again, because people don't seem to care to ensure their kids don't disrupt others).  

Can't say for sure, but I'd be careful.

Who pays when the resident knows they will eventually leave and stop taking care of the place? 

RE is supposed to be a long term investment and an asset you hold on for a long time and take care of4.

@Benjamin LarabeeI'll be honest - most bookkeeping companies are not worth the money, so vet them carefully.

Not a bad return.Permitting for ADU shouldn't be too much of a challenge as long as you have the appropriate lot size, level grade lot, and ample space for parking - which is what the townships care most about. 

And again, you'll get advice from posters that could not care less whether you follow it to the "T".