Please DM me if you have any additional questions. 

In addition, due to them being eligible for conventional non-commercial financing they typically have lower cap rate than 5 units and more.  

For example, I see newer investors attempting wholesaling or bird-dogging for other investors to generate additional income to invest.

Here is a list of why adding a single ADU in single family zoned areas in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

In areas with rapid and sustained appreciation, you can use the equity gained through appreciation to purchase additional properties.

If you would really like to explore the sector : why not go and message 10 to 20 operators and offer to look after their property or clean their property for a month in exchange for their knowledge and details on the numbers.

This would buy time to improve cash flow or explore better refinancing options.Ask Your Lender: Would they consider lowering the rate temporarily or extending the loan period while you stabilize cash flow?

I’d be more than happy to hop on a call with you to discuss the different areas and explore how you might make it work.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.