Meanwhile, we're putting in two new-construction 2br ADUs on the current property, plus converting the garage to another 1br ADU (it's a bigger-than-normal lot).

So, your prediction that there would be at least $20k more if everything is included should be accurate.The reason for choosing a JADU is that converting the garage into an ADU would require a separate laundry setup and an additional electrical panel in the main house, which would increase the renovation costs for the main house itself.

The only way it would make sense is if you use the HELOC to convert your garage into an ADU for the steady income or buy out of state rentals "cash".

During RLT administration (after the death of the grantor), it is common for Trustees to liquidate/convert stocks or other capital assets shortly after the death of the grantor.

I have clients that recently purchased a large single family home that was converted to two units.

My catalytic converter was stolen there 2 yrs ago while I was working.

I understand there's a one-year waiting period before converting a primary residence into a rental property, but does this same one-year rule apply when converting a rental property into a primary residence.I have another question.

As your real estate empire grows, consolidating loans into one could offer better terms and streamline management.Overall, your method of buying, living, and then converting properties into rentals is a strong, scalable strategy for building wealth. 

Personally, I live with my girlfriend who owns a condo in Scottsdale we'll eventually convert to a rental, so I would most likely go with a BRRRR strategy myself.

That way they can better control deal flow, and also can convert more of those leads to a profit.