Definitely consult an NC RE Attorney!

If that investor hadn't planned it carefully and re-invested that money into the property or even the purchase of another then a recapture fee would hit them hard. 

Good yields and not super correlated to stocks or RE.

In addition, I do not need to make more money so I am not needing to push CA RE.  

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

Taxes are calculated at sale prices and I believe much of these areas have had little to no re evaluation in years (I've experienced this myself on properties with rehabs that I've added double the size).  2) County vs "in town". 

As for vehicle vs RE, I agree this was a vehicle but the peace of mind was unrelated. 

It’s not going to make you money in fact, youd be better off flipping a house in Ahmerst or Clearence or Orchard park paying full market price for it updating a kitchen and bath and then re selling it for 60k more.

RE has risks.

and the only question in my mind is if the landlords will be able to re-rent quickly or if there will be some kind of a 'black swan' event when rentals in DC become completely unaffordable/unattractive.