Great idea from @Henry T. to live in the ADU if you can and rent the house.

I live in the area and invest mostly in the suburbs, so I would be happy to chat!

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

(They did multiple inspections, also came for several full afternoons to just poke around the house while we were living there.) 

Most bankers can run live pricing to help you make a final decision without having to have your credit pulled several times or fill out a dozen applications and submit docs!

Quote from @Cody Ford: Im currently looking at a property that has tenants living in them.

Hey- My name is Ben Roland Tshibuabua.I live in DMV Area.

We currently live in CA, but are moving to Illinois in the coming months - so this will be our state of residence soon.

Quote from @Devin Slone: I live in Huntington and was looking for local meetups to go to and I just stumbled upon this post!

lat=43.1688001618486&lon=-77.6159378282709 I’d also suggest considering whether you live or work nearby, so you can stay informed about any developments.