Still trying to get through some sales to generate cash.

During this time you are not generating any return from the money invested in the ADU.

Even if it does, there's closing costs to consider.As I said, I have no cash myself, so I'm asking how I can deal with generating cash for closing costs (and a down payment) if it comes to it.The house costs $139000.

Currently still favor the house rental for MTR and long term strategy in ABQ, but I don't think you generate any solid cash flow unless you can get a turnkey 2BR for under $250K.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

I prioritize appreciation, tax benefits (rental property expenses, depreciation), ability to use leverage, and passing on generational wealth with real estate. 

They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.

An argument can be made that you will generate a higher net worth there than say middle of nowhere Alabama.3.

Hello, I am new to real estate and looking to get into it and out of renting and starting to work on building that generational wealth.