I self-manage and produce $700 in pure cash flow each month.Lessons learned?

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.

Anyone and I mean Anyone, who can produce any return remotely close to 100% and repeat it in a year or a month or whatever would have more money than they know what to do with from their own investments not to mention the large amounts of job offers from investors both private and institutional.

As you know, cash flow comes down to how much you have to put in the deal, what it produces, and how your debt payment is structured. 

Do you have any other income producing assets? 

A deal that produced a 25% net IRR to investors with a 1% acquisition fee, 1% asset management fee, simply pref + single tier waterfall, etc, may only produce a 15% net IRR under the current fee and carry structure, if their acq fee went to 3%, pref went down, they now have a GP catchup and multi-tier waterfall giving them higher splits for higher returns, etc.

If the real estate is producing a steady return, you can make more aggressive bets with stocks or other alt assets.

I am wondering how best to truly know that one’s developers will produce what I expect, windows are usually a given😃 not all that happy with this extra thousand dollar excursion but I have definitely learned much.

It is very difficult to produce off market deals that are truly good deals or purchased on either great terms or great price.

I'm curious how something like that would work with land that doesn't have an income producing rental on it yet?