Lower Property Values: Properties subject to rent control often have lower resale values, as potential buyers may anticipate limited cash flow growth.

Hire a Architect to provide drawings with a lot of details such as existing house elevations and floor plan, proposed elevations and new floor plan, roof, wood deck, addition, etc.

What you don't want is to be negative even if its $100 unless you have a plan where you know that the appreciation will help offset that negative rent or you know you can squeeze out more juice in the near future by adding more value to the property later.

How much value would I add with a permitted ADU?

We’d love to just keep this home as our first rental property but feel stuck with the high monthly payment due to the 15yr mortgage and the home needing some renovations in the next few years. 

Having a coach to work with and a whole network of people in the business available to me is a huge value.

Cash and conventional mortgage How did you add value to the deal?

As your new Landlord, it is my high honor and distinct privilege to provide you exceptional management, prompt maintenance, sound hospitality, and a quality environment to call home!

It would more or less just be more money down or something in a reserves account/invested in a something with a high dividend yield (that’s more up his alley than mine).5.

More advanced financials include IRR, Cash-on-cash return, Cap Rate, 5 Year Appreciation values, and all other high-value STR metrics for a solid long-term investment.I helped create the calculator, so if you have any questions, please feel free to reach out.