I am planning on turning the house above into 2 rentals now and pulling out the $100k (refi or heloc) to put down in addition to the amount we saved over the year or two on the new house.

Additional lights can add a lot at night but become a nuisance to tenants and neighbors.

I lived in neighboring town of Poughkeepsie called Town of Lloyd - Highland, NY 12528 for more than 19 years its a nice and safe neighborhood with good school district, worlds largest walk-way over Hudson river, lots of trails, golf, biking, scenic drives with good hospitals in 5 miles radius namely: Nuvance Health Vassar Brothers Medical Center, MidHudson Regional Hospital, Saint Francis Medical, Health Quest Home Care and others...The latest addition which is getting constructed is The Village in Highland, NY - Assisted living facility.

  - Hands off ADU additions are often one of the worse RE investments.  

Additionally, I aspire to continue investing in properties post-retirement, as I find great enjoyment in this endeavor.In 2009 and 2011, I acquired four properties in Southern California.

However, given the current economic climate, where interest rates are notably high, I'm concerned about the feasibility of acquiring new property in 2024 that would not only be financially viable in terms of cash flow but also suitable for leveraging accelerated depreciation benefits.

HOA Lien purchases is a game that can be quite lucrative assuming:1) property is in judicial state (states where lender must file lawsuit to acquire property title)2) purchaser is well versed in foreclosure law 3) purchaser researches hoa cc&r 4) think of arbitrage not capital gains when assessing risk

I've purchased legal assistance via MetLife, and I have requested my company HR to get additional legal assistance.

Duplex have different zoning that may permit additional units.

Potential for additional rental income.Cons: Higher upfront costs for construction.