During this time you are not generating any return from the money invested in the ADU.

. :-)A quick comment about property prices: We cannot go by “estimates” regardless of who generates those estimates. 

So I would buy the home and rent it for a couple of days, and then show the payment receive if you end up not being ready to launch and generate other bookings before the application window opens and closes.I'll direct message you my phone number.

Now this is an annual thing (for all new properties).For rough math, you can generate a tax write off about 15-20% of the real estate value: one a million you can expect a $150k to 200k write-offs.

I like the idea of STR as it seems like it can generate significantly more income than LTR and would allow me to block out dates if I have friends or family come visit.

During this time you are not generating any return from the money invested in the ADU.

If not, understand the risk of taking equity to generate more equity based off your ROI.

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

It’s fantastic that you’re diving into real estate investing.. especially multifamily properties, which can be a powerful way to build wealth and generate consistent cash flow.

I created a Coinbase account and threw some money in it so I could generate as close to traditional bank statements as possible.