Typically this takes 6–9 months, including 2–3 months for permitting and 4–6 months for construction.You can browse their current plans online, with design costs ranging from a few hundred to close to $2,000: ADU Fast Track Plans2.

This can range from minor exaggerations to outright lies about employment, income, rental history, or identity.Key Signs of Potential Fraud:Inconsistencies in Documentation: Discrepancies between the documents provided and the information filled out in the application form can be a red flag.

You typically need to be in the $400-450k range to see those rents.

When you talk about 'higher interest rates', what range have you seen passing by?

Providing relocation assistance to tenants, for example, if I want to sell the property or move back in - this can range from one month's rent to thousands of dollars (e.g tenant has a disability, minor children, elderly it will cost you more), depending on the city.

Currently I think 200k being the upper limit of investment makes the most sense and is within my risk tolerance range.

I would keep the carpet neutral but something easily washable cleanable.As others have said, I'd add other decorative objects like artwork.

She has somewhere in the range of $150,000 to $200,000 in free rent.

Perfect for anyone in a small place or who doesn't want to fire up a range.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.