I am buying my first rental property, and will be adding another property this year.

Anything I should be adding or accounting for?

Based on the information you provided, it sounds like they are doing a classic bait and switch, trying to offer a competitive 25 percent management fee, but they will most likely be adding hidden fees (based on the verbiage in the contract) in the long run to get closer to that higher end 40 percent.

More than happy to forward you the info, as we have a lot of atlanta based investors on the call @Niyi Adewole I would love to be added to that call!

ADU's are a residential term that are zoning specific but the lenders started to mix into residential appraisals to fit them onto the single family residential appraisal form.For Commercial Valuation: Adding ADU's would simply be adding (residential rental/leasehold) units to a commercial property.If it is a parcel or ownership rights split and resale of ADU's or commercial spaces from a property, you have a development analysis.Pointer Appraisal 866-495-4990

Below is an example that should help, so just plug in your own RC:Non-Coastal:  $150,000 Insurance Replacement Cost x .0080 = $1,200 + $80 = $1,280 (taxes and fees likely to be added so keep that in mind)Coastal: $150,000 Insurance Replacement Cost x .0105 = $1,575 + $80 = $1,655 (taxes and fees likely to be added so keep that in mind)

Taxes are low, but still need to be added as well as reserves and wifi.Once mortgage is paid off this could easily NET over $4000/month though!

Also a more affordable solution then an minisplit may be adding an electric baseboard just to that lower bedroom.

However, the actual trip & cost that led you to find the property must be added to the property's tax basis and depreciated. 

I don't know what his crew is like but if hes very busy, he might be adding some contingency to his bid.