Firstly, it has a relatively low cost of living and affordable real estate prices, allowing investors to purchase properties at a lower initial cost compared to many other cities.

Cost of the website was $65,000.  

People told me I could hire someone to help setup QB for my rentals but this would have cost a couple grand.

While researching and evaluating homes, I had an idea for managing the down payment and emergencies for the first property.When I find a property with good cash flow, I could use a private money lender (PML) to cover the down payment and closing costs.

I have a few partners, but went over budget and personally funded the remaining construction costs.  

Buying for 625K, cost for fix up with 1 ADU about 400K..

An ADU addition in a SFH zoned area in my market adds significantly less value than the hands of cost of adding the ADU.  

A house hacker with a  W-2 income can often times float some rehab costs on a duplex through cashflow or supplement some with their income.

I pulled this off but with an FHA 203k loan which allows you to wrap the cost of renovations into the loan. 

So I calculated an example. 20% of 352K is $70400 but there's also closing costs.