I'm kinda surprised more people aren't talking about it because it's a fairly transformative law, allowing investors to create ADUs as well.

Despite surprises and challenges, I transformed it into a move-in-ready home and sold it for $145,000.

Purchased for $69,000, I tackled everything from a new roof to interior updates, transforming it into a move-in-ready home.After months of surprises (and a few headaches), I sold the property for $145,000.

They rarely have an over-leveraged emergency or catastrophe.Of course they will not grow as fast as the investor using leverage and NOT over-leveraging. 

This money I specifically allocate to different personal funds....emergency fund, Pool fund, Porsche fund, vacation fund, ect...I then buy a rental property for 100,000.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

If you want a certain type of MF in a certain area, build a list, make some calls, you'd be surprised.

Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America  as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.

Everyone, to no surprise, said I was wrong.

Do you have any equity in you existing home (if you own it) so you can leverage a HELOC to use as an emergency fund?