Last year was the first and only year we had a negative cash flow, and that is driven by the anti-landlord west coast sentiment.  

Think of it as insurance against substandard work or faulty material.

Chances are if you’ve ever been to the Grand Canyon you’ve driven through it.  

@Henry Perez  Things like websites, bios and marketing materials help on credibility as well as your LinkedIn and Facebook profiles. 

The cost of labor , materials , property taxes , inflation , interest rates  etc .

Estimated CostsADU costs can range DRAMATICALLY depending on the state of the lot, custom vs fast track plans, size of ADU, materials and finishes, speed and quality of the builder, etc.

Good call, Noel—licensing and insurance are critical, but in Tennessee, a contractor’s license is generally required for projects totaling $25,000 or more, including labor and materials (See Tennessee's licensing requirements).

Does anyone have experience with Ivory Home’s predesigned materials packages?

As brokers, we all have a duty to "discover and disclose" material facts.

My question is, do I just use the heavily reduced price I was able to purchase it for since it was vacant, and then the material cost of what I renovated plus what things I did contract out, even though that basis would be way under what the other renovated houses that sold near me per SF sold at, or are you able to use similar comps to determine the depreciation basis?