I also have arranged for a HELOC on an investment property with TD Bank.

Under this arrangement you get an ADU very close to what you want, limit your labor costs to $50,000 and your materials to $100,000. 

Looking forward to learning at this stage and ultimately helping others in this great community. 

The duties of a typical property manager include collecting rent, arranging maintenance, enforcing apartment rules, dealing with 3 am plumbing calls, conducting inspections, completing repairs, paying bills, advertising vacant units, screening tenants, etc. 

At the same time it shouldn't look like a half done staging either.In my market there are a lot of retirees, so cable and Netflix are a must. 

I wonder how underwriters look at that its a very different living arrangement.. mean technically they each need to live in the house for a year.. 

This could be an indicator of an area that is going thought the early stages of gentrification.

So it can be in Hypersupply today but it does not mean it will go down to Recession stage.

Hey BPers,We're moving into a market that doesn't really have Multi-family properties beyond the occasional 2+1 duplex which is an impossible arrangement for our family. 

Also consider staging a table and chairs in the room if room large enough.