Not enough room to do any Add-ons.

I would add one additional note - find a PM group that manages properties in your CLASS!

-Read rich dad poor dad to get a good investing mindset-Read the abcs of real estate investing and the advance guide to real estate investing by Ken McElroy to further add some tools and concepts to your tool bag-I just got a credit card to build my credit, just something to think about-Being frugal and saving as much money as possible to invest (again just what I recommend there are different ways into real estate)- Lastly just surround yourself with like minded people and network with people who are where you want to be and see what you can do to help them so they will want to help you in return.Long post but hopefully this helps, anyone feel free to fill in any gaps or add on being this was a pretty general overview!

I have a rental that has an add on that has been there prior to me purchasing the property that I am trying to get permitted because it will raise the value you $70K-$80K, so just make sure that all the square footage is correct. 

I just wanted to add one very important thing (actually, the MOST important thing).This is the difference between giving you a fish, vs. teaching you how to fish.

I have a rental now that is an add on to my homeowners ins.

@Kody Thompson thanks Kody!

We can potentially save on those with an S election, which is an add on to an LLC. 

Eliminating the POH from your balance sheet won't really have an effect on your bottom line (the minimal profit you might make with rentals aren't worth the hassle).What we typically do is offer the home at above shell value or market value to the current tenant with minimal down (sometimes $500-$1000 if the tenant can scrounge it) if not we'll add on a couple more months to the RTO agreement. 

Since it's a regular single family home, you can add onto it anytime with a site built add on like you would with any normal home.