The ADU is a good idea for property maximization, but unless it has a separate driveway, it will push your rent in the main house down some because then you aren't renting a single-family house on a lot by itself.

Also, rather than taking a large amount of money and investing into one single directly owned property, I can split it up into much smaller chunks across many different passive investments.

Make sure your listing clearly outlines your screening criteria as well as your "house rules" if you're renting out a single room in your home.

For your primary residence, you can exclude up to $250K (single) or $500K (married filing jointly) of capital gains if you’ve lived there for two of the last five years.

got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans 

2) I have on single family home (rents for $2100/month) that needs a PM. 

Check out this recent thread on LLC’s, it’s pretty eye-opening that of all the very experienced investors on here, with centuries of investing experience combined, the consensus was that LLC’s are not needed for most investors:  https://www.biggerpockets.com/forums/926/ Of course gurus will tell you that you need one before you even have a single property, because it makes them sound smart.

I think most people would agree that a single family home is better than a condo for a long term rental.

They love to talk about his great forms and how the members "feel like a family," but you rarely find anyone that's done a single deal on their own.

It is a 4-bedroom single-family house situated just .33 miles from the ocean.