There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….

It’s doable, just more difficult, time consuming, with a lot more “contacts” needed for each “sale”. 

I was involved in a bunch of industries—from wellness and gyms to digital marketing and consumer products.

Rather than use credit score as a criteria, I reject for consumer accounts in collections and unpaid civil judgments.

We've averaged around 7% for mortgage rates for the past two years now…I think if we can see a settling somewhere in the 6% range, if not sub 6%, we will see nice consumer confidence not only for home values, but rent values as well.

Very time consuming of course.  

Our cleaning fee covers professional clean, laundry service, and consumables. 

There was an article published in Sept 2024 that showed the average consumer would save over $10,000 by working with a broker vs a direct lender over the life of their loan.

DTI ratios are generally used in consumer/residential (aka primary) mortgages when the property is in your personal name.

I think broader consumer taste is killing malls, which includes online shopping, but also even where people are choosing to live and how they are spending their time/money, more broadly.I worked for a company that bought a failing mall back in 2012 (online shopping was "killing retail" then too), redeveloped most of it into more open air power center and sold.