I feel direct mail is another great method.

These methods involve securing financing, identifying suitable properties, and overseeing renovations.

Having said that, there are some pockets near the RTA off Superior and those that border Cleveland Heights can be ok but the rest of it, stay away. 

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

This depends on if you are using the Cash or Accrual method of accounting for tax purposes.

Sure, I could look for a higher paying job, but I was wondering if anyone has any creative short-term methods to improve my ratio.

I think finding other value adds than ADU additions are likely to be the superior investment versus adding a ADU.Best wishes, especially wishing the best to all the fire victims.I believe the market around north L.A. is one filled with some pretty well healed individuals.

Once you have that amount of units (leveraged), focus on paying those off via snowball method.

I am trying to get a hard money loan to start with the BRRR method.

It will be very difficult to cash flow in Austin using traditional LTR methods unless you put down a huge down payment.