It took more time and back and forth communication than was needed, and compared poorly with other refinancings we have gone through.

It probably won't come close to $150K.Run the numbers if you put the profits into a savings account paying 5% interest and see how that compares

@Steven CatudalWhat was the prior valuation compared to what you paid for it?

Prices are still relatively low compared to many other metros, and rental demand remains strong.I built my portfolio to 12 doors there while living in Detroit (now back in California) and have seen firsthand how the right strategy can still work.

The two examples you need to compare are: 1.

Also would love answer to the following: - Are there any specific challenges or advantages you experienced compared to a JV structure?

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I think the folks that pay for these programs have the wherewithal to simply cut a check and its no big expense to them compared to what they stand to get out of it. 

Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.  

So, you look at what other comparable properties are renting for to decide when to raise rent and by how much. 3.