Many times they do not realize the adding of the adu makes their existing unit rent controlled.  

I would spend more time improving and scaling your business so you can make more money quicker so that you can get the capital to invest in real estate.

You will also quickly learn how to manage properties well instead of spending decades figuring it out like most investors.

It can make leasing a bit harder since you will have more vacancy when those come do but it will all be in peak season.With respect to the hiring decision, you would need to hire someone to replace you (perform the same functions you currently perform) so that you continue to work up the ladder (spending more time on higher value tasks).  

ETWhen Tylisha Slaughter learned that the West Philadelphia rowhouse she rented was going to be auctioned off in a sheriff’s sale, she sensed opportunity.Slaughter, now 30, aimed to buy the home near Cobbs Creek Park on the cheap and restore it from the “slumlord”-like conditions she, her boyfriend, and her two young children had been living in.But on the day of the sale, she said, she found herself up against an out-of-towner with lots of money to spend: Brandon “Dutch” Mendenhall.

Don't spend the check until it clearsRegulators do not view investors as being altruistic.

If your debt to income ratio is good, you can control a $700-800k asset with $50k.

There are a lot of inconsistent contractors, so really spend some time vetting them. 

There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.

This works well if it's an MTR or STR type situation and you are in control of the lock.