Most lenders don't seem to like doing them, I on the other hand love them.

I don't know the #'s off hand but I feel safe in saying L.A. would go bankrupt yr2 if not yr1.It's not remotely feasible.  

I think this site may be geared a bit more toward the avid investor, rather that the weekend warrior type of investors with regular, RE carriersOn the other hand, for myself, watching the RE market is enjoyable for me.I have always attended open houses just to be nosey or nerdy, whichever you prefer. 

In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.  

Rather, they are four former commercial real estate brokers, with one of them also an attorney in their 60s or 70s that have a true hands-on style of mentoring.

Investors on the other hand are often over extended and can not make timely payments.

After we completed their intake application and began the process, Austin handed us off to other staff.

So, if you can come up with a profitable investment there, you might have a winner in your hands for anybody looking for an investment there but you have the control issue.Even then though, as a potential investor, I'd have a big problem here.

Traditionally most lenders will require 25% down, however there are a handful that can do 20% down without any experience. 

The one cost will be getting the units furnished, but if you live in the area it isn't hard to source a bunch of decent 2nd hand furniture on Craigslist or FB market