A lot of our housing stock here has finished basements or in-law suites, so with something like that you can generate significant rental income for an inexpensive conversion. 

Only luxury single family houses will be built. 

I wouldn't consider it a heavy negative unless the street is super tight and parking is hard to come by or if the street is very steep/busy.The more desirable dense city neighborhoods it's almost kind of expected and off street parking would be considered a luxury rather than a necessity.If you get out into the suburbs I would say it's more of a big deal since more rentals have off street parking or a garage there.

Can add a in-law suite for lots of value.

Thursday Dec 12th, 5:30 pm at my office 4103 S Texas Ave Suite 105 Bryan TX

I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?

As a general contractor, i feel best suited for fix and flip or BRRR method investing.

(Luxury mansion or hosting your home while on a vacation)Have you noticed that your bookings are coming in a chunk?

Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.

I think initially it makes sense to find properties that already have finished basements, in-law suites, etc. as converting those spaces to ADUs will be inexpensive and create a significant amount of rental income ($2,000/month+ in most areas close to the city).