This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

The engineer should be able to advise on the best lot line outcome, especially if there are physical circumstances to consider, such as wetlands.

Yes, You can buy and asset, fix it up and rent it out to make money without you physically having to work for the money. 

Keep in mind the PPSF is the total value, which is land and structure.

If you are going to continue buying, you really want a lifelong mortgage advisor in your corner who will help structure loans in your best interest.

@Charles Evans, definitely keep all paperwork associated with your tenant (lease, receipts, etc).For expenses that are not split per unit but are for the entire structure (utilities if not separately metered, mortgage interest, etc), keep a record of those payments so your tax pro can deduct a percentage of them for the unit you're renting.

That's probably a more clear cut fee structure than your 10% on middle and higher end properties and 12% on low-end ones.

Even duplexing down the first floor unit can be pricey as it involves making structural changes.

This structure probably just means more grey area which means more legal fees and perhaps less chance of either of us being covered at all.

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.