So I'm understanding this correctly, did you do a cash out refi on your primary residence then took that money and paid off the rental in Dallas.

To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct.

What @Dmitriy Fomichenko and @Matt Devincenzo said are correct.  

Am I reding this all correct.

Either is correct. 

He is correct that a single ADU in a single family zoned area is unlikely to return as much as the hands off cost and is one of many reasons that adding a single ADU in most single family areas is not a good re investment.  

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.

I have tried to get on the phone with Tyler to talk through this with the hopes that he can make corrections but to no avail.

You are correct.

Quote from @Cody Caswell: Quote from @Bruce Woodruff: You're correct that getting every detail involved right from the start is critical!