What market did you buy this property? 

They sent a very professional slide pitch deck that showed all of their justifications around that specific market, e.g. employment market, housing shortage data, the new developments in the area, the air bnb data, etc. etc.They also stated the numbers were conservative (7 year to reach the target returns) and that likely it will be year 4-5.

Purchased under market value, then rehabed myself with sweat (i am not the most talented DIY guy haha) What was the outcome?

When were are in a hot market we require a previewing questionnaire with 5 questions based around the application process - credit, income, pets, etc.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Now it's a long term rental with under market rent which still nets 40% annual cash on cash return.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

I am trying to figure out if it would be worth it to just bite the bullet and ADU the basement because of the appreciation that I will receive.Interestingly, this property was on the market for over 100 days because the seller was firm on the price, but I was able to negotiate it down a bit.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Micron Technology's decision to build a massive 1,400-acre semiconductor manufacturing plant in Clay, NY, a suburb of Syracuse, is poised to have a transformative effect on the local housing market.