Most investors who take this route are not short-term investors and do not enter the investment with a timeline for sale. 

You make $7K on the $175K property or $40K on the $1M property. 

In fact, the median sales price of a single-family home in the Austin metro is about 39% higher than it was at the start of 2020.

Owner sat on the offer for a week or so and then I got a call that they accepted. 

  - With unit costs as low as $85k on the subject property, what is the value adding an ADU. 

I live in New York and majority of the inventory on Long Island is too expensive for even renting. 

Quote from @Ashley Westerfeldt: Hi everyone, we are working on a deal that currently has an underground, salt water pool outside as well as an indoor hot tub.

One notable example is the closure of Price Chopper on Cambridge Street at the end of January.

@Chris LauerRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Running an Airbnb on the same property as your primary residence, is much different than a separate property.