. $2,000 is just a random number, the exact number depends on your overall tax situation.Building an ADU if you plan to rent it is business interest, not personal interest.

Cousin B has to spend more than his entire sale, not just his profit, is causing a’s home worth twice as much as cousin b’s?

Particularly in Philadelphia where there’s a ton of red tape to navigate and construction costs are disproportionately high relative to other markets.Ten years ago I could walk into a district L&I office, complete a two page application and pick up a building permit without plans for a single family renovation the next day.

We will end up having to complete more of the labor on this project ourselves than planned and we will be fortunate to finish this one without being in the RED.

If you plan to stay there a long time 10+ years then likely the value will be the same or likely greater even if prices soften in between.

I'm not planning to house hack, just for investment purpose.

Most likely you need to speak with the planning department and they'll tell you if it's allowed.

Hey @Adam McCarty, I'll be out of town for Jedd's group's next meetup, so Robert and I were planning on meeting on the 19th.

I plan on getting my realtors license and flipping/ investing into properties.

I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).