I am some experience in real estate and am currently working for a brokerage. 

@David Narvaez My partner used a CPA the past two years and both got the real estate portion of her taxes wrong.

If the price is above your number then it is not meant to be Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Insurance is the most important thing as he said.I wouldn't make any decisions on this until I got with a solid real estate INVESTOR CPA.

Not trying to cheat the system, just trying to understand what I'm looking as I consider real estate options.Separately, would something with an ADU be considered a multifamily?  

I would also talk to leasing brokers for this type of property to understand if there is real appetite from tenants for this type of building, as even if it doesn't directly impact your approach, it will give you some insights into how a potential buyer may be looking at it.

Hi, look into Ohio my clients invest in real estate from all over the world.

The real problem is that the vast number of beginning investors never bother to learn their state landlord tenant codes before they invest.This is my pet peeve with new investors...trying to operate a business requiring knowing the law without having the desire to learn.They should never be allowed near tenants, they need a PM.On the other hand responsible investors that learn the laws first I would strongly advise self managing.

Professional property managers are often licensed real estate brokers who specialize in acting as the filter for you for the number items, which are not only costly but a headache.

This new calculator is basically the free one real estate influencers are giving for free.