@Daniel Mendez As much as possible.If we do a holding agreement to take the unit off the market we try to get them to pay the first month rent and any other move in costs other than the security deposit, which they pay at lease signing. 

There was an additional cost of 3k that we didn't expect because we didn't walk the attic, but that's to be expected for a sight unseen offer.

Renovations would cost around $30,000 but the only things I've done are Plumbing, foundation work, gas line, and new windows.

Partner Driven financed the S Vernon Rd deal using its own capital, covering the $116,000 purchase price and $19,500 in renovation costs.

Partner Driven financed the S Vernon Rd deal using its own capital, covering the $116,000 purchase price and $19,500 in renovation costs.

All of this has cost me about $10,000.

Partner Driven financed the Rue Montaigne deal using its own capital, covering the $195,000 purchase price and $30,000 in renovation costs.

In general ADUs add less value than their cost.  

@Dennis O'Loughlinwhen you BRRRR, typically the improvements you make will go into the cost basis of the property. 

After the construction is over there will be no loan, just cash flow, which would results appx. in 10% after all other costs deducted.