I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.

I’m sharing my story so everyone can be aware and hopefully avoid the same experience.I received a call from one of my ads that targets probate clients.

.: I saw an ad for Wavemark Capital which led me to Mike Ayala on linkedin.

Just adding my $0.02 here, I just tried to add a post through the app and it crashed as I hit post.

Re-planted myself here in CLT 7 years ago.

But, I'd like to focus only on value-adding renovations (for rentals of course). 

It isn't easy, but you'll learn a lot about underwriting from the process and know the ins and outs of the entire model, which makes using it, troubleshooting it, and adding to it much easier.

What an investor gives up though is tax bene's and the chance ( well at least proforma wise) that you bought at X cap rate and can sell at Y cap rate and there is a big profit that is added on to your returns. 

 (3 convention units +  3 ADUs) * 3 lots = 18 unitsIn general adding one ADU is not a good investment because there is no more expensive residential development than a single, small unit.  

I added value to this property by preserving its original architectural features while modernizing the interior.