This implies that if you decide to add an ADU, do it after refinancing post the $60K renovations.Here are reasons why I believe adding an ADU is not the best RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

This implies if tenant has been allowed to smoke in the unit, you cannot now make the unit a non-smoking unit. you also cannot make the tenant responsible for utilities if they are not currently responsible for utilities (technically it may be possible but you would need to lower the rent increase in effect making it not advantageous).AB1482 does provide some means for no fault lease termination.  

This implies I need my turnkey to be noticeably greater than 17% (and so far I have achieved this), at a minimum 25% ROI.  

Not sure if the law implies anything towards listing a property you have equitable interest in.

No warranty or guarantee is expressed or implied.

Especially to maintain the rate of return that metrics such as IRR imply. 2.

It is greater than 1200’ which implies it is greater than 600’ (50% of 1200’). 

Over the summer, FHA tightened guidelines, which implies borrowers who were on the border of being able to qualify will now have to rent, which should translate to fewer defaults.

Hi Reece - whatever town you decide to pick will have it’s implied return for a reason.

Problem is, seed money, the term, implies a form of security.