For this reason, it would be prudent to not overleverage yourself in this type of environment in order to wait and see where rates do end up falling, as there is consensus in the market we are moving into a falling rate environment, the exact timing of when rates will be falling is unknown and different scenario analysis should be added to underwriting refinance periods to be sure the project is sustainable if inflation resurges and a refinance is delayed.

I have considered adding an ADU in the back, but since I am limited to 75% of the main house square footage, this is also probably not worth it.     

I intend to add a closet to the den and make it a 3 bedroom adding value as well as remodel the entire unit.

I love the added pro and con list!

You are adding costs and complications for no benefit at all.

Have you added your home to any of the insurance databases for consideration to help displaced homeowners get temporary housing?

Often wholesalers and investors cross paths in these communities.3.Direct Outreach & Marketing:Consider running targeted ads or direct mail campaigns focused on property owners.

Adding value can be as simple as answering a forum with your knowledge and experience!

When you initially buy a property, ad 20% DP, you are buying a property that's worth 5 times what you are paying for it. 

Google rental application on and find the eforms.com one.