Hey Jason - if it's a 1-4 unit, you would need to value it based off the sales comp approach (assuming the buyer is using debt financing).

Also, when it comes to enforcing the lease, use a simpler approach.

Depends how you approach them and if you’re ready to pull the trigger when you find the right deal.

there you go. the problem is appraisal. comparable sales, and your approach to building an ADU against the recommendation of your market. super beginner strategy it's popular in ohio as well but just not worth the investment. 

What approach worked best for you?

What’s intriguing is that he’s doing this entirely with investor money, not using any of his own funds.I’m curious to learn more about this approach.

How would you approach this?

He confronted (and still does confront, present tense) the hand he was dealt with dignity and a “no excuses” approach.

They are billed as "a scientific approach to single-family rentals" and use "institutional grade property management," which usually means they are a tech company in real estate and likely either don't have the existing property management relationships in each area or you chose an area where they don't have enough units through Roofstock for the PM they chose to care.

This is why I prefer the cash-for-keys approach.