I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

Year 2 had some large expenses, including some CapEx items (water heater, roof).

Only two electrically operated items may be plugged in to any electrical receptacle.

In addition you can use it to collect initial security deposits or to bill the tenant for addition items such as billed back utilities, damages, etc.

I've read a couple of Brandon Turner's books now and have been getting really into the mindset to start this journey.A couple major items I'm initially thinking of is where to start.

Strategy is long term hold.Question - Apart from getting inspections done by a quality inspections company, what other items do I need to verify or consider as part of due diligence, before closing or in order to decide Go-No-Go?

I have been poor very poor living off food banks and pawning items just to eat for a day and do it again.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

He also visits the properties, inspects them and builds a work scope with line item budgets for each trade work.

Apparently, this is deeply embedded in terms and conditions (fineprint) when you sign up, do you really read through even single line item?