We’ve just finished our 2025 planning meetings for our six largest projects, and it’s been an interesting process. 

The definition of “livable” or “finished” space can be surprisingly specific.In many markets, including here in Arizona, appraisers and agents generally want the space to be finished in a manner consistant with the rest of the home and serviced by a more permanent heating and cooling source.

Quote from @Paul Dashevsky: Just finished my SB9 and ADU project in Los Angeles (San Fernando Valley).

We have a builder and the plans are very close to getting finished.

If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish.

Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

Now that the unit is finished, it's going to be listed for $2,450/month and the same model on similar lots are appraising for $410k.

Paint & finished basement What was the outcome?

So at a glance (quick), this seems to be interior products and finishes?

New roof, exterior painting, new flooring, bathroom updates, finished new living space What was the outcome?