The additions are usually small.Buy focusing on real high value places, you are putting yourself in a narrower guest pool.

Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

I've opened two additional LLC's with them since I last posted here.

They perhaps can build cheaper than you can, finance cheaper, operate cheaper and to get it leased up, offer things like 1-2-3 months free rent. 

A PM offers so many additional services in addition to things you cannot do yourself - like simply having a 3rd party between you and the tenant.

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.  

Additionally, for the AR llc, do I need to register the LLC in California as a foreign company?

Labor is much cheaper than other parts of the US.

Do you think it's better to start sooner with a cheaper property to get in, or potentially wait longer to save more?