One of my goals is to develop a solid buy box to streamline our underwriting process and make it more systematic.

That's the opportunity.I also recommend engaging an 'investment focused' realtor (not the general residential ones) to guide you through the process and provide you with market intelligence. 

I am really in the beginning steps of this whole process and it seems so overwhelming.

You should have already started the eviction process!

Bookkeeping is the process of recording and organizing income and expenses for your rental.

- Renting it Out: The likely rent I'd get in this area will cover half my mortgage payments at the moment- Add Square Footage: Taxes will likely go up significantly- Build an ADU: Overall ROI will likely not offset much since it'll still be counted as value tied to the one house- Selling Off Land: Sits on .5 acre that I might be able to sell.

This is a very popular incentive in the city of columbus where tax abatements can lower taxes by 3k a year. on income of 60k for a traditional triplex that we build that would be lowering operating expenses by 10% if you assume approx 40%. it makes a big difference but I was wondering if anyone has actually seen the benenfits over time from holding these properties or investing in similar areas in urban core adjacent through renovations or new construction. there are benefits to selling them obviously but please comment if this applies to you!! 

The home is in the middle of a construction project and is expected to sell for $800,000 on completion.

You used to be able to sell turnkey properties for very nominal fees (1% listing fee if sold) via Roofstock with Stessa a couple of years ago.

The US has $9 trillion in debt maturing next year that they will have to sell new bonds for that debt.