Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged by the ADU (HELOC, cash out refi, etc).

In your situation, seek out a partner who is already experienced in this type of acquisition and managing the same.Share split? 

If you use Hospitable for comm mgmt, Turbotenant for all tenant mgmt related items, and FFinder/your own website/Turbotenant for lead acquisition -- how do you describe your work flow across these?

I’m particularly interested in pre vs post Covid DST acquisitions, and how they have fared.

Happy to help and good work on the first acquisition. 

Also happy to assist others with their sales and acquisitions. 

I financed this deal through a private lender, allowing for a quick and seamless acquisition process.

What that means is that if you win, they let you win and they didn't want the property of they bid you up.These are the basics, but I think you were way ahead knowing it's not ripe to be an acquisition pipeline.

And it's actually scary that he controls the acquisition and rehab part of the process.

In your opinion, and from what you see on the ground, are there still opportunities there in multi-family acquisitions?