Did we chose the right location to have an ADU?

I want long term wealth and need a network (and location!!) 

Option one would be to assign the unwanted contract prior to closing and collect difference between the contract price I have and agreed to sales price with the assigned buyer and retain the desired property.

However, options exist that will finance 100% LTC, meaning purchase and material costs can be funded prior to meeting a season requirement.Hope this helps.

It really depends on the exact location; if the MTR is closer to WEC/HITS, it may work out great.

Verify yourself if you are required to register your property as a rental, consult an Attorney who has actually appeared in at least 100 cases where your property is located.

Your location, property configuration and area demographics will tell you a lot about what you should be targeting.

For cities, will your jobs have a physical location?

Yeah go to the closest gas station and sit there for 10 min, who is going in and out are more people walking in than cars, the location of an investment is the one thing that you can't change.

A townhome in a good location could be a lower risk and lower stress investment than a cash flowing rental in an outlying community.