This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Did you underwrite if you would bring in investors (LPs) to help provide the down payment?

Living in the property for two years likely allowed you to claim the capital gains exclusion... up to $250K for singles or $500K if married.

Keep providing value add options for your owners & they'll keep knocking.

Hi @Brian WongI can provide some ADU contractor recommendations in Los Angeles if you want to DM me. 

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

Can you provide some more context/numbers for your properties?

That's the opportunity.I also recommend engaging an 'investment focused' realtor (not the general residential ones) to guide you through the process and provide you with market intelligence. 

What service/provider might you recommend.