The common threads among prosperous real estate investors include knowledge, networking, and proactive behavior.

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

Same strategy -> Let the data drive decisions (include updated tax, interest rate, rent numbers, etc.)2. 

Asking $620k Debt service $4,352/m (10% Interest, 30-year amortization, 80% LTV) Taxes ($1033/m), insurance ($833/m), maintenance($1000/m), property management ($2400/m)Total - $9,613 (very rough estimate) Cashflow with 70% occupancy - $2,387/m (Cash flow pro-forma with adjustments $7,000/m+)What am I missing? 

being a new build we had to add some basics, like blinds and a yard (including a sprinkler system that I installed myself, I learned a lot there)What was the outcome?

Spend some time conducting in-depth research, including speaking with a professional in the field, and base your choices on your objectives, your tolerance for risk, and the particulars of the markets in the locations you are considering.Good luck!

The plan is to self manage at least for the first 5-10 years so it makes sense not to include this.

This also includes future medical because that is becoming one of the biggest expenses. 

If you refi to a renovation loan by including the ADU costs + paying off the existing mortgage, would your total monthly payment be financially comfortable and agreeable to you? 

Do you still use a regular purchase and sale agreement with the original seller with any included addendums specifically for wholesaling, and are you legally required to verbally disclose to the seller and buyer or do these disclosures just have to be in the contract itself?