There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I know this is a very old thread but if anyone comes across it I wanted to add some additional thoughts that might be helpful.

However, our tenant turned out to be problematic—late payments, issues that led to an eviction, and additional repair costs before we could relist the property for sale.Now, after months of making mortgage payments out of pocket, we finally have an offer.

In addition to being a lender, I am an investor as well so if you want to give me a call so we can discuss your numbers, I'd love to help you out!

As for valuation, I see no reasons why a Junior ADU would negatively impact additional housing unit.

When you move forward, they should provide proof and name you additional insured.

In addition, you've got your HELOC on your primary you'd have to be paying back also.

I wonder if an inspector's license might be another good addition to our repository.

Should I just save that additional tuition money and put that towards my first investment? 

Here in FL a pool trumps all and having a spa feature built in offers additional ROI.