Best wishesNo I have not added an ADU myself, I have only worked with developers that have added ADU's on their properties and have seen return but that is in the Hollywood hills so not sure what market you are in.

I've actually talked with multiple STR owners in Hocking Hills, OH (very similar market to Red River Gorge) and they are able to get 90% occupancy on some of their properties with the majority funneling in through their Instagram profile.Another place to look for STRs could be Dahlonega, GA.

@David Hill and @Cody Bjugan are doing that.

I am interested in house hacking around the Camden/Burlington county areas (towns like Cherry Hill, Mount Laurel, Collingswood, etc), specifically at duplex/multifamily properties.

Quote from @Michael Hill: Quote from @Albert Bui: As an update on this strategy CMT 1 year which is the index the AIO loan product uses was up to 5.50% in early October 2023.

My purchasing power can afford me a house down there and I also work in South Jersey (Cherry Hill) and live in central jersey.

My purchasing power can afford me a house down there and I also work in South Jersey (Cherry Hill) and live in central jersey.

My purchasing power can afford me a house down there and I also work in South Jersey (Cherry Hill) and live in central jersey.

My purchasing power can afford me a house down there and I also work in South Jersey (Cherry Hill) and live in central jersey. 

A lot of people are fearful right now.I'm just over the hill in Reno, NV and chose to live and invest here because our property taxes do not reassess on the sale, landlord/tenant laws are much more favorable, and there is steady job and population growth, but we're still very close to the benefits of CA.