You must also calculate the property’s potential to generate income.Let’s look briefly at several methods professional property investors use to look for good opportunities.The 1% rule in real estate investingThe 1% rule in real estate says that a rental property’s monthly rental income should ideally be at least 1% of its total purchase price.

Ideally I move into my own home with a minimum down and use the rest of the cash out to flip or brrr again.

It is also the retraction from primary footageThere are many reasons that ADUs are not typically an ideal RE investment, but this is typically when adding a single ADU.  

If you can make the best out of it and still get some money that would be ideal. 

Any list you can pull for a few bucks has already been hammered by hordes of investors before you.Not saying this way can't work, but I recommend a different path...I prefer to focus on sellers who have a reason to sell but who require some effort and skill to identify.My favorites are #TiredLandlords, namely owners who have filed an eviction lawsuit against their non-paying tenants.Many of these folks are through being in the rental business and are open to hearing about a way out.Even better, #TiredLandlords are ideal candidates for seller financing, since they don't need the sale proceeds to buy another house, PLUS they are already conditioned to receiving monthly payments over a period of time.

That is the ideal scenario for this investment.On a side note, you cannot have a tenant foot the utility cost of other units, that is illegal.

Hi Eric,  I always post that everyone needs to be a member of at least 1 ideally a few local REIA groups. 

The next step I see is to buy a (ideally) quadruplex to househack.Please excuse my rookie questions.

I'm interested ideally in very long-dated contracts to take advantage of appreciation.

We obviously don't want that risk on your plate.No Personal Income Requirement: These loans don’t rely on your personal debt-to-income (DTI) ratio, which is ideal if you want to avoid tying up your personal credit or finances.