Hey Everyone -- As Pro and Premium members on BP, I am excited to invite you all to participate in our 'beta' program for our new BPInsights program (beta basically means a testing phase in software-speak).

I hope everyone is staying safe out there during these unprecedented times.I wanted to ask the community, a rough ball park figure on what it would cost to build an ADU of let's say 500 sq. ft. with one bathroom, kitchen and bedroom, for a structure that is ALREADY existing and what it would cost to build from the ground up. 

Perhaps there is a middle ground where people begin to transition to 1-2 days per week telecommuting.

Hope is not a plan.. but i sure hope folks will pay their rents unless just absolutely unable.When i owned my storage facility my banker was not all that keen on them during a recession.. and i bought mine from someone who had ran it into the ground but it was not easy in the 08 09 time frame..

I did my first deal at 23 (house hacked) but I’ve decided to bypass the SF phase and jump straight to Multi Family.

Suffice it to say that any gas utilization equipment found to produce elevated/unsafe levels of carbon monoxide in flue gas is normally considered sufficient grounds by the gas company to shut-off gas to the property in addition to 'red' tagging gas utilization equipment responsible until such time the condition is addressed and no longer considered a threat to the life and safety of the building occupants.CO Poisoning Goes Virtually Undetected in a Professional Office EnvironmentIt's a cold, sunny Saturday afternoon in February and I've been given a reprieve in the weather thereby allowing me to use an outdoor scissor lift to safely access/observe a flat roof 24-foot above the finish grade (pertaining to the property for which I have been hired to conduct a PCA) without having to contend with rain/snow and below freezing outdoor air temperatures preventing a visual inspection of the roof much less conduct a higher level due diligent assessment of package rooftop units since gloves cannot be worn as they tend to interfere in attempting to access hidden system components such as air filter elements, blower fan motor assemblies, serpentine tube heat exchangers, etc. typically concealed from view in conducting a baseline PCA.

Once purchased I will also be the boots on the ground/ property manager.

To add to all this the cost of construction is going to force a number of recently launched projects that are 2 years in that didn't break ground yet to follow suit..

I’ve only started and just now got my boots on the ground so I’m patrolling for properties.

@James Campbell that sounds like a great approach: Do what you can for now so you can hit the ground running when money starts flowing again but there are opportunities all around :)