Those fees add to the price of the property and many companies choose to cut other areas like renovations rather than increase the value of their product.  

These modifications are carefully crafted to incorporate ADUs seamlessly, aiming for a delicate balance between increased urban density and sustained neighborhood character.

An experienced property manager should minimize vacancy, increase income, and have connections with contractors and other professionals to manage your property well to maximize your return on investment.To Your Success!

But, for instance, I sent them a notice of rent increase effective February 1 and needed them to confirm that they have accepted the new payment terms through our electronic payment system, and even after repeated notices, they are not responding.

The margins are tight which increases risk.

Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.

Though I expect that to increase in the future when more ADUs are constructed.

It’s worth considering the trade-offs between the stability of income and the increased oversight and hoops you'll have to jump through.

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.

We all know 'housing affordability' is one of the hottest political topics as of late but I'm not seeing any commitments to increase inventory.