Exterior work involved repairing the roof, painting, replacing rotten wood, and installing new light fixtures.Multiple contractors were engaged for the project, with licensed professionals handling electrical, plumbing, and HVAC upgrades.I have compared the comps in this area on Zillow and it’s in the range of 115k to 130k. all else checks out, except that I do not have boots on the ground to verify in-person.  

Have you ever used your real estate or mortgage license for your personal transactions?

spend time there in person. 

if you buy a property at market price in a good neighborhood - you will break even or lose money.and in general, if you're serious about this, i'd recommend going to your chosen market in person, probably multiple times, to set up your team. 

It's about Risk Reward. 

Since the S&P 500 averages around 10% annually I personally don't see a point in investing in a rental that's not going to at least beat that.

Hey BP I have questions I'd like to consider myself a strict person when it comes to screening my tenants recently I have a few section 8 applicants.

RE can be very resilient and rewarding it can also humble and take away.

Building ADU , cynically, is like we're subsidizing California government for housing problem that they're created lol but that's my personal opinion.

Is it feasible to finance both properties simultaneously, or should I wait until next year to sell and purchase my personal home?