Victor,I would avoid that high cost ADU and use that money to invest outside of California.

If your tenant prolongs their stay one month, you've probably cost yourself more than what the attorney would have charged.

I have two 1/1s in a high cost mountain resort area, and they have rented out just fine to the right guest profile.

It's a question of cost vs. benefit.If you have any suggestions, you can send them to @Rene Hosman as the forum manager. 

Material misrepresentations or omissions on the Application will constitute a default under the Lease or Rental Agreement between the parties, and applicant will be responsible for the cost of any background checks performed.

You'll want to run some comps to be very aware of the pricing in the area and then it will help to have some construction costs in mind.

Also, they don't cost anything to close and you don't pay a penny unless you use them.

Any advice on most efficient and costly ways to obtain marketing lists in S.

Pic 1 is the interest rate paying 10 percent down and the lender giving us 6 percent in closing cost coverage.

Then understate costs.