Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

This will depend on what kind of loan you choose to proceed with.

Rentals have remained pretty hot outside of common slower times around holidays.

So when I hear other investors talking about how adding ADU's adds equity, you're telling me this isn't really a common experience?

This is a common problem for other places besides California.Most of my clients are out-of-state investors-California being one of the most common places for investors I work with.I would say, in general, it is very similar to in-state investing in that your investment is as good as the team you use.

@Fulati Paerhati With that kind of capital available most of my clients prefer areas like Memphis, Little Rock, DFW or even Houston

I kind of traded my 20s for the freedom of not working that started at 41.

Hey @Jon Martin, so if you have some kind of broadband connection I would stick with that.

Keep in mind, though, that each lender has their own criteria for how much future potential they’ll factor in, so it might come down to some skillful negotiation and presenting detailed projections that don’t feel like puffery.Just be careful not to come off as overly speculative…lenders tendd to shy away from what sounds too good to be true.Anyway, I’m curious.. have you spotted any other investors in Gainesville facing a similar refinance puzzle and what kind of terms were they able to secure? 

Each property qualifies on its own economic merits (i.e. rental income covering PITI payments)This is one of the main advantages for DSCR financing, i.e. the ability to scale without any kind of DTI limit imposed by conventional financing.