What other kinds of loans or financing strategies are available that don't involve using too much of your own cash?

Make sure any renovations comply with local regulations and obtain the necessary permits if plumbing changes are involved.

Much like by the end of this decade, I will take those same steps to become even less involved with work and have more times with my kids who will be really developing and that will be my focus.The difference once I made money, and was able to make it make money for me I de-risked by eliminating leverage.

What does the inspection process involve?

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I have 30+ units and on a regular month usually only spend about 5 hours total on management things, most of which involves collecting rents and bookkeeping.

I look forward to being involved with bigger pockets and am excited to connect.

Doing 6 at once will deny yourself that improved learning curve.

He ignored several attempts and only got involved when we sought outside help but has again become unresponsive. 

As others have said, you will get lent more money usually with rehab involved than on a straight acquisition loan.