I've had smooth loans close with Kiavi and I've had rough ones, same with Roc.When Loans start to be troublesome:1) The borrowing entity docs are a mess2) The appraisal numbers are lower than expected3) Messy background reports4) Loans happening in an environment where market/rate fluctuating unpredictably 5) Your loan officer and their team are poor at their job6) Title issues that depend on county docs, that can be slow and painfulThere's more but it's Friday and I'm tired....

It may even be higher than 5% depending on the area. 

Also, you will have additional occupancy tax depending whether you are in the city limits or not.

I would still do due diligence such as whole property inspection, lead inspection (depending on when the property was built), appraisal, etc. 

Depends on if you have panels, crazy layouts, etc.

I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.

It also depends on how much money you have and how you use it.

However, after he saw the quantity of ADU applications come across his desk to plan check he went out and started his own consulting company.

After we completed their intake application and began the process, Austin handed us off to other staff.

Depending on where the property is situated and the "local market conditions" I have them rented out as either long term, mid-term or short term.